Royal Bank of oil - 3Q net profit of CAD 2.475bn ( $ 2000 ) , up 25 % YoY. CEO David McKay said he is confident the company can withstand the present tough economic conditions despite its loan books failing to feel the impact of lower oil prices .
Royal Bank of Canada - 3Q net profit of CAD 2.475bn ($1.87bn), up 4% YoY. CEO David McKay said he is confident the bank can weather the present tough economic conditions despite its loan books beginning to feel the impact of lower oil prices.