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RY Jul 2024 70.000 put
- CNW Group
RBC Global Asset Management Inc. announces May 2024 cash distributions for ETF Series of RBC Funds
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May 2024 cash distributions for unitholders of ETF Series of RBC Funds, as follows:
- Reuters
Canada's RBC, CIBC post bigger-than-expected profits on capital markets strength
Royal Bank of Canada (RBC) said on Thursday the investment banking environment looked promising after the country's biggest bank surpassed profit expectations, driven by its capital market business. Canadian Imperial Bank of Commerce, the country's fifth-largest bank by asset value, also beat profit expectations on capital markets strength and as it set aside smaller than expected funds for potential loan losses. The resurgence in merger and acquisition activity after a long lull as interest rates soared, has helped Canadian banks' capital markets businesses in recent quarters, even as loan loss provisions limit profits.
- CNW Group
Royal Bank of Canada to repurchase up to 30 million of its common shares
Royal Bank of Canada (the Bank) (TSX: RY) (NYSE: RY) today announced its intention, subject to the approval of the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI), to commence a normal course issuer bid and to repurchase for cancellation up to 30 million of its common shares. The Bank intends to file a notice of intention with the TSX in this regard.
