RBC posts 29% jump in fourth-quarter profit, hikes dividend
Bank topped estimates on strong capital markets and wealth management activity, while boosting credit-loss provisions to $1-billion
The Globe and Mail reports on RBC posts 29% jump in fourth-quarter profit, hikes dividend
Royal Bank of Canada RY-T posted higher fourth-quarter profit that beat analysts’ estimates on a boost in capital markets and wealth management activity.
Profit at RBC jumped 29 per cent year-over-year to $5.4-billion, or $3.85 per share, in the thre...

