Search Results for: RBC
RBC tests distributed ledger for remittances and loyalty programme
February 26th, 2016
The Royal Bank of Canada (RBC) is the latest financial services giant to go public with its distributed ledger progress, confirming that it is working with Ripple on cross-border payments and experimenting with a blockchain-based loyalty platform. RBC, which ...
RBC Wealth Management has rolled out a robo-adviser
February 4th, 2016
RBC partners with BlackRock’s FutureAdvisor for robo-adviser pilot program Half a dozen markets will test the new platform before potential approval nationwide RBC Wealth Management has rolled out a robo-adviser for its top advisers in a half dozen teams ...
RBC Global Asset Management introduces a suite of Core equity ETFs
May 13th, 2015
New Canadian, U.S. and EAFE equity ETFs offer high-quality portfolios with broad core market exposure Two new currency-hedged ETFs provide investors with the option to manage their currency risk RBC Global Asset Management Inc. (RBC GAM) today announced ...
RBC announces PricewaterhouseCoopers LLP as external auditor for fiscal 2016
April 30th, 2015
Royal Bank of Canada (RY on TSX and NYSE) announced that the Audit Committee of the Board has selected PricewaterhouseCoopers LLP as its external auditor for fiscal 2016. The selection is the outcome of a comprehensive tender process and ...
FINRA Orders RBC to Pay Fine
April 24th, 2015
FINRA has issued a press release to inform that: It has ordered RBC Capital Markets to pay a $1 million fine and approximately $434,000 in restitution to customers for supervisory failures resulting in sales of unsuitable reverse convertibles. Brad ...
European stocks slipped on Thursday
June 10th, 2021
European stocks slipped on Thursday as automakers and travel stocks fell after a recent run of gains, while investors counted on the European Central Bank to maintain an accommodative policy stance at a meeting later in the day. The ...
The dollar found support on Thursday. These are the top performers
May 27th, 2021
The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week. In a market heavily short ...
Gold Is Now “Unobtanium”
March 30th, 2020
The Wall Street Journal just published the kind of article gold bugs dream of seeing in the mainstream press. Here’s an excerpt: “Coronavirus Sparks a Global Gold Rush Epic shortage spooks doomsday preppers and bankers alike; ‘Unaffordium and unobtanium.’ ...
The dollar rises against major currencies and riskier emerging markets
March 30th, 2020
The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened lockdowns to fight the coronavirus. China’s offshore yuan fell after ...
Traders Update: European stocks were flat Monday morning
July 8th, 2019
European stocks were flat Monday morning, after stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut. The pan-European Stoxx 600 was little changed from the previous session shortly after the opening bell, with sectors ...