Industry News

RBC’s Q3 earnings up 73%

Royal Bank of Canada reported net income of $2,240 million for the third quarter 2012, up $946 million (73%) from the prior year. “RBC had a record quarter, driven by exceptional growth in our Canadian retail franchise and strong investment banking results,” says Gordon Nixon, RBC president and CEO. Further comparing this quarter to 2011, […]

By Staff |August 30, 2012

1 min read

CIBC income jumps 42% in Q3

CIBC, the country’s fifth largest bank, reported Q3 profit of $841 million, up from $591 million for the same period last year. The bank also hiked its quarterly dividend by 4 cents to 4.4% per share and made public its intention to purchase approximately 2% of its outstanding common shares, subject to the approval of […]

By Staff |August 30, 2012

1 min read

RBC adds board member

RBC has appointed David Denison to its Board of Directors.

By Staff |August 30, 2012

1 min read

TD reports record quarter earnings

TD Bank delivered a record quarter in Q3 2012, reflecting strong retail and wholesale earnings.

By Staff |August 30, 2012

2 min read