RBC posts record C$2.3bn profits in Q4 but takes capital markets hit
Royal Bank of Canada made C$2.3bn of profits in its fourth quarter (August, September and October), an 11% increase that took its profit for the year to C$9bn. But the bank took a hit in its capital markets division, as revenues decreased 14% to C$1.49bn.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts