Tags: Royal Bank of Canada
Royal Bank of Canada CFO Fired After Relationship Scandal With Another Employee
The Royal Bank of Canada ousted its CFO, Nadine Ahn, due to an undisclosed relationship leading to preferential treatment, which violates the bank's code of conduct.
Canada’s RBC Denied Facilitating Tax Evasion in Connection to Panama Papers Leak
The Royal Bank of Canada has released an official statement, explaining that the bank is not guilty for any illegal activities including tax evasion in connection to shell company set up as mentioned in leaked papers from Panama’s Mossack Fonseca. The bank claimed to have high standards to ensure clients would not use its services to evade tax.
Royal Bank of Canada Eyes Bolder Appearance In The US Investment Banking Market
All the major European banks are either shrinking their businesses or just pulling out from the US market. Ignoring the market odd, RBC has strengthened its operations in the less competitive market and capable of getting enlisted among the ten largest US banks. Getting inspired, RBC plans for further strengthening its US investment arm.
Canadian bank sectors expected to boost payouts in 2016
Dividend stocks are investors favourite during the economic uncertainty. Dividends signal a strong performance by the company and it also allows investors to make some return on investment during the tough time.