Royal media headlines

Reuters Key Development - May 15, 2012

TORONTO - The Bank of Montreal is again offering its ultra-low 2.99 per cent mortgage rate less than two months after a similar promotion set off a race to the bottom with some of its biggest competitors.

Toronto's main market edged up Wednesday on positive US jobs data, following a plunge of around 200 points yesterday on global economic growth worries.

By Michael J. Zerinskas Shares of Royal Bank of Canada (NYSE: RY) are lower on the session by 0.97%, currently trading at $55.57. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving ...

By Patrick McGee, Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- High-grade corporate bond issuance is back with a vengeance with at least nine borrowers floating new deals, led by a four-part deal from Phillips 66 and a two-tranche issue from ... US Companies Race To Sell Bonds As Markets Stabilize - 4-traders

MONTREAL -- For scores of elderly victims who lost their savings in a multimillion-dollar Quebec pyramid scheme, the announcement of a settlement to recoup about half of their losses offers some relief. RBC To Pay C$17M In Settlement With Earl Jones' Victims - Wall Street Journal

Wall Street Journal - Mar 6, 2012 Bank of Nova Scotia (BNS) said its first-quarter profit jumped 15%, helped in part by a gain on the sale of a real-estate asset and strong domestic banking operations, and is the latest of Canada's big banks to hike its dividend this period. Scotiabank boosts dividend in sign of confidence in diversified strategy - Winnipeg Free Press Scotiabank posts higher profit, hikes dividend - Reuters

By David George-Cosh Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--Bank of Montreal (BMO) has laid off 60 people in its North American capital-markets division, a bank spokesman confirmed Friday.

By Ashley Lau (Reuters) - RBC Wealth Management, a division of the Royal Bank of Canada (RY.TO: Quote) (RY.N: Quote), has hired two veteran advisers from Morgan Stanley Smith Barney who focus on high-net-worth celebrity clients.

Be careful who you invite to lunch. Royal Bank of Canada's BlueBay Asset Management unit and a former employee are in a court fight over a ?1.7-million ($2.7-million Canadian) payout to the former employee, all sparked by what appears to be an ...

PNC Financial Services Group Inc. ( PNC ) is seeking to expand its business in Canada. The company has applied to convert its corporate banking office in Toronto to a full-service branch, according to a Reuters report, which cited a notice of ...

PNC Financial Services Group Inc. (PNC) is seeking to expand its business in Canada. The company has applied to convert its corporate banking office in Toronto to a full-service branch, according to a Reuters report, which cited a notice of application ...

Shares of Royal Bank of Canada and Goldman Sachs Remain Stable Despite ... SYS-CON Media (press release) - 11 hours ago NEW YORK, NY -- (Marketwire) -- 02/20/12 -- Banking stocks worldwide continue to outperform the market this year despite a recent warning from Moody's that 114 major banks are under review for a possible downgrade.

TORONTO -- Moody's said Friday it believes Royal Bank of Canada's (TSX:RY) covered bonds will maintain their AAA ratings even if the bank's senior unsecured rating is lowered.

RBC Wealth Management, part of Royal Bank of Canada (RY on TSX and NYSE), and the sixth largest wealth manager in the world, has been recognized as providing the best private banking services in the Caribbean, according to Euromoney, a global banking ...