ROYAL BANK OF CANADA (RY.CA)

Here's the Problem If the Fed Were to Cut by 50 BPS

Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, explains why she'd be concerned about investor response to a 50-basis-point cut in interest rates from the Federal Reserve this week. Lori speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. Get more on the Bloomberg Surveillance Podcast: Apple: http://bit.ly/3OPtReI Spotify: http://bit.ly/42xmHPz Anywhere: http://bit.ly/3oOD8ZH (Source: Bloomberg)

Adobe Quarterly Revenue Guidance Comes Across as 'Conservative,' RBC Says

Adobe Quarterly Revenue Guidance Comes Across as 'Conservative,' RBC Says

RBC Names Katherine Gibson CFO After Five-Month Interim Stint

Royal Bank of Canada named Katherine Gibson chief financial officer, a role she has held on an interim basis since April.

Apple turning AirPods into hearing aids underscores effort to crack massive health market

Apple is using its newest AirPods Pro as a way to help break into the health industry, a potential $15 trillion market.

Royal Bank of Canada appoints Katherine Gibson as Chief Financial Officer

/CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced that Katherine Gibson has been appointed Chief Financial Officer, effective immediately. Ms....

RBC Launches $1.76 Billion Loan for Envestnet Leveraged Buyout

RBC Capital Markets launched a $1.76 billion leveraged loan to help fund the planned buyout of wealth-management software company Envestnet Inc.

Cintas Will Likely Beat Fiscal First-Quarter Expectations, Lift EPS Guidance, RBC Says

Cintas Will Likely Beat Fiscal First-Quarter Expectations, Lift EPS Guidance, RBC Says

RBC’s McKay Says Canada Is on ‘Wrong Path’ and Needs Tax Reform

Royal Bank of Canada’s top executive said the country’s economic policy has veered off track, and it needs a more competitive tax regime and a tighter relationship with the US.

Bloomberg Brief (09/10/2024)

“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today's guests: Ella Hoxha, Newton Investment Management Head of Fixed Income; Gabriel Caillaux, General Atlantic Co-President; Amy Wu Silverman, RBC Head of Derivatives Strategy. (Source: Bloomberg)

Q2 Earnings Outperformers: RBC Bearings (NYSE:RBC) And The Rest Of The Engineered Components and Systems Stocks

Looking back on engineered components and systems stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including RBC Bearings (NYSE:RBC) and its peers.

RBC's Carrier on Fed Cuts, Market Sentiment

Frederique Carrier, RBC Wealth Management, Head of Investment Strategy, discusses Fed rate cuts and market volatility ahead of US elections. She speaks with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg)

Ex-CFO Says RBC Manufactured Workplace-Romance Case Against Her

Royal Bank of Canada’s former chief financial officer, fired over allegations she had an undisclosed personal relationship with another executive, said the bank was trying to “manufacture” a reason to get rid of her, as both sides double down in the increasingly acrimonious fight.

RBC Plans to Sit Out Bank Consolidation Wave in US, McKay Says

Royal Bank of Canada Chief Executive Officer Dave McKay has a list of reasons he won’t be shopping for a bank in the US anytime soon.

Moscow approves Unilever deal to offload Russian assets, RBC cites sources

MOSCOW (Reuters) -Consumer goods giant Unilever has received Russian government approval to sell its assets in Russia, the RBC business daily reported on Wednesday, citing unnamed sources familiar with the matter. Unilever did not immediately respond to a request for comment. Unilever has faced criticism for remaining in Russia since Moscow sent troops into Ukraine in February 2022, though it has curtailed some spending and operations.

Investment advisory firm RBC Wealth Management opens first Cincinnati office

RBC adds oil and gas stock with 25% upside to its outperforming basket of stocks

RBC's Global Energy Best Ideas List is up 182% since its inception in February 2013, compared to iShares S&P Global Energy Sector ETF's 40% return.

Constellation Brands' Fiscal Second-Quarter Estimates Revised Down, RBC Says

Constellation Brands' Fiscal Second-Quarter Estimates Revised Down, RBC Says

RBC Wealth Management adds Conshohocken team from Wells Fargo Advisors

Katherine Gibson of RBC to speak at the Barclays Global Financial Services Conference 2024

/CNW/ - Katherine Gibson, Interim Chief Financial Officer of Royal Bank of Canada (TSX: RY) (NYSE: RY), is scheduled to speak at the Barclays Global Financial...

U.S. crude oil erases nearly all gains for 2024 as China manufacturing contracts, OPEC output hike looms

A weak economy in China and the prospect of increased oil output from OPEC and are overshadowing major production disruptions in Libya.

Best Workplaces – RBC Wealth Management

RBC's wellness and professional development strategies have helped employees strike that elusive balance between work and personal time, landing the firm among the region’s top workplaces.

Harris Defends Shift on Immigration, Pledges to Turn Page on Trump | Daybreak: Europe 08/30/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guest: Janet Mui, RBC Brewin Dolphin Head of Market Analysis. (Source: Bloomberg)

RBC, CIBC Pull Away From Canada Peers on Better Credit Forecast

When it comes to credit quality, two of Canada’s Big Six lenders were clear winners last quarter: Royal Bank of Canada and Canadian Imperial Bank of Commerce, which both set aside much less money to cover loan losses than expected, fueling solid earnings beats in the process.

After wood pellet reporting failures, it’s time for a proper review of Drax’s subsidies | Nils Pratley

Before biomass firm is promised a penny extra from billpayers, Ed Miliband should commission a review of its business model

RBC Beats Estimates on Domestic Banking, Lower Loan Provisions

Royal Bank of Canada beat analysts’ profit estimates as the lender put away less money than expected for potentially bad loans and earnings jumped at its domestic banking division.

Royal Bank of Canada declares dividends

/CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared a quarterly common share dividend of $1.42 per...

Campbell Soup's Fourth-Quarter Results to Likely Reflect Snacks Weakness, RBC Says

Campbell Soup's Fourth-Quarter Results to Likely Reflect Snacks Weakness, RBC Says

Royal Bank of Canada (RBC) stock sits at ATH ahead of earnings: is it a buy?

The Royal Bank of Canada (TSX: RY) stock price has risen for two consecutive months and is sitting at its all-time high (ATH).  It has risen by over 20% this year, outperforming the TSX Composite Index and other Canadian banks like Bank of Montreal (BMO), TD Bank, Bank of Nova Scotia, and Canadian Imperial Bank […]

Dave McKay of RBC to speak at Scotiabank Annual Financials Summit

/CNW/ - Dave McKay, president and chief executive officer, Royal Bank of Canada (TSX: RY) (NYSE: RY), is scheduled to speak on a live webcast at the Scotiabank...

RBC Says Former Employee Used Workplace Romance to Advance Career

Royal Bank of Canada said an employee it fired over an intimate relationship with its former chief financial officer was focused on leveraging that alleged romance for his own personal advancement within the firm.

U.S. crude oil rises above $74 per barrel but is on pace for weekly loss

The market is focused on demand in China as geopolitical risk in Middle East fades.

US Stocks Decline on Wait for Rate-Cut Clues | Bloomberg: The Close 8/22/2024

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Julian Emanuel, Evercore ISI, William Seal, Bloomberg News, Steven Zaccone, Citi, Nela Richardson, Automatic Data Processing, Diane Jaffee, TCW, Rishi Jaluria, RBC Capital Markets, Mary Ross Gilbert, Bloomberg Intelligence, Daniela Sirtori, Bloomberg News, Mubarak “Bar” Malik & Jadakiss, Barcode, Courtney Gelman, Strategas Securities. (Source: Bloomberg)

Nadine and Ken: The ‘affair’ that has sparked a $54 million battle at a banking giant

Nadine Ahn appeared to be riding a wave of success earlier this year after a $15 billion mega-deal cemented her status as one of the most powerful women in banking. Weeks later she was sacked.

Vanguard, BlueBay Bet There’s More Juice in BOJ Rate-Hike Trades

A handful of big-name investors are still betting on more interest rate hikes in Japan in the coming months, sticking to their guns despite a sharp cut in market pricing on the likelihood of more tightening following the latest selloff.