Royal Bank of Canada

Canada’s banking chiefs offer outlook and priorities for the months ahead

Canadian bank executives are sharing their 2020 priorities today after a year that saw them grapple with layoffs, an increase in insolvencies and talk of

Royal Bank hikes dividend as it reports $3.2B net income in first quarter

Canada & World

Royal Bank of Canada raised its dividend as it reported quarterly net income of $3.17 billion, up from $3.01 billion a year ago, matching market

Five Canadian business stories to watch this week

Ottawa

Poloz speaks Bank of Canada governor Stephen Poloz will give a speech to the Chamber of Commerce of Metropolitan Montreal on Thursday. Poloz kept his

Royal Bank of Canada denies report it had access to users’ Facebook messages

Canada & World

Royal Bank of Canada is denying a report that it was able to read, write and delete users’ messages on the social networking website Facebook.

Canadian banks look to in-house hackers to improve and test cybersecurity

Canada & World

Hackers are targeting Toronto-Dominion Bank’s internal systems at all hours using cutting-edge techniques, but the bank’s head of cybersecurity isn’t losing sleep over them –

‘Human skills’ best way for workers to adjust to rise of the machines: study

Canada & World

A year into its effort to help equip youth for the rapidly evolving workforce, one of the country’s largest banks says enhancing young Canadians’ human

Canadian tax evasion fight zeros in on transactions involving Israeli bank

Canada & World

The Canada Revenue Agency is seeking information from three Canadian banks about customer transactions linked to a major Israeli financial institution as part of a

RBC kicks off banks earnings season with $2.8B profit for Q3

Canada & World

Royal Bank of Canada (TSX:RY) is reporting nearly $2.8 billion of net income for its fiscal third quarter and an unexpectedly large increase to its

Bank earnings begin with BMO Q2 net income up 28%

Canada & World

The Bank of Montreal saw second-quarter profits from its U.S. personal and commercial banking business dip from a year ago, but it still increased its

Pythian plans to expand reach of data security product with $6M investment

Techopia

Ottawa-based data management company Pythian announced Tuesday it has landed $6 million in new investment capital. The funding will help expand the market reach of