Royal Bank of Canada - 3Q net profit of CAD 2.475bn ($1.87bn), up 4% YoY. CEO 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.
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.