Tag: RBC and National Bank

RBC and the National Bank of Canada increase their doubtful debt arrangement, denting stock

More money was set aside by the Royal Bank of Canada(RY.TO) and the National Bank of Canada (NA.TO) on Wednesday to cope with problematic loans, which impacted fourth-quarter profitability. Shares of RBC and National Bank were discounted by clients worried about the impact of rapid increases in central bank rates by 1.4% and 4%, accordingly, […]