Industry News

RBC reports Q3 profit, led by wealth management

Royal Bank of Canada set the tone for the latest round of big bank earnings with a dividend hike and record profits in the latest quarter, helped by higher interest rates and mortgage growth. Canada’s biggest bank by market capitalization delivered a record $3.1 billion in net income for its fiscal third quarter, up 11% […]

By Staff, with files from The Canadian Press |August 22, 2018

4 min read

Industry

When a client’s cash flow collides with caregiving

Many haven't planned for the expense

By Staff |August 22, 2018

3 min read

Industry

Fed minutes suggest further rate hikes coming ‘soon’

Federal Reserve officials earlier this month said that a strong economy meant that it would “likely soon be appropriate” to boost their benchmark interest rate for a third time this year. But minutes of their discussions released Wednesday also revealed deepening concerns that escalating trade wars could hurt the economy. The minutes underscore expectations that […]

August 22, 2018

2 min read

Industry