Tag: RY
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RBC Leans on HSBC Acquisition and Wealth Division for Q2 Profit Boost
Here are the Key Numbers From the Earnings Report: Royal Bank of Canada (TSX:RY)(NYSE:RY) reported a stronger second quarter as its landmark $13.5 billion acquisition of HSBC Canada added scale and profitability, while its wealth management arm posted solid growth. Adjusted profit rose to $4.53 billion, or $3.12 per share, from $4.2 billion, or $2.92 Read more