Company
Royal Bank of Canada
TSE:RY
RBC provides personal and commercial banking, wealth management services, insurance, corporate, investment banking and transaction processing services on a global basis. RBC employs more than 70,000 full and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 46 other countries.
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Royal Bank of Canada under investigation for alleged 'greenwashing'
RBC is latest bank to come under attack for lending to fossil fuel projects while promoting green credentials
Support for ESG slips “meaningfully” amid energy crisis
Energy companies tackling energy security abandoned ballot support for climate issues
FIVE at FIVE: Ofgem proposes quarterly price cap reviews, Greencoat UK Wind consolidates top spot, JD Sports and Halfords downgraded and Synairgen continues Covid treatment work
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Centamin has a lot of ‘unpriced optionality’ says RBC
Royal Bank of Canada has an 'outperform' rating and a 140p price target for Centamin.
Investment platforms becoming increasingly popular, says Liberum
UK pension savings gap is expected to reach roughly £23.8tn by 2050
Royal Bank of Canada to buy UK wealth manager Brewin Dolphin in £1.6bln all-cash deal
Brewin Dolphin shareholders are set to pocket 515p per share, 62% more than Wednesday's closing share price.
9 Spokes signs contract with Bank of New Zealand, hits revenue guidance
Shares are up almost 24% in late trading, last priced at 5.2 cents.
9 Spokes wins contract with Royal Bank of Canada affiliate
This is the second contract with Royal Bank of Canada, one of the world’s largest banks.
9 Spokes International focuses on building channel partners in the banking sector
The company's total platform base as at January 30, 2018 was 39,000.
9 Spokes International poised to win more banking clients while reaffirming guidance
Substantial growth in recurring revenue is helping to provide income predictability.
Canada shares higher into close
On Friday on Wall Street, stocks closed higher, with the Dow Jones up 228 points to 25,803
9 Spokes expects to more than double annual revenue by end of March quarter 2018
The company builds dashboards for its clients to collect and analyse business data.
Royal Bank of Canada boosted by lower provisions for bad loans
“We had a great year in 2017, with record earnings of $11.5 billion," said the bank's boss, Dave McKay.
9 Spokes goes live with platform for Royal Bank of Canada
9 Spokes’ user adoption during the September quarter increased by 215%.
9 Spokes International issues placement shares
The company had a pro forma cash balance at 30 June 2017 of NZ$21.0 million.
9 Spokes boosts cash position as investors pile in
The company is now well-funded to continue its high-growth phase.
9 Spokes lines up partnership with Royal Bank of Canada
The company is also in discussions with a major U.S. bank.