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Bank of Canada cuts rates
Banks cut prime rate to 5.2%, following Bank of Canada's lead
Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, Desjardins Group, Equitable Bank and Bank of Nova Scotia announced Wednesday they would cut their prime rate, following the lead of the Bank of Canada.
Erste Group cuts Royal Bank of Canada stock rating to hold
Erste Group analysts downgraded Royal Bank of Canada shares listed on both the Toronto Stock Exchange (RY:CN) and the New York Stock Exchange (NYSE: RY) from Buy to Hold. The downgrade comes as the stock trades near its 52-week high of $128.
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of potential U.S. tariffs, economists and analysts said.
1d
Biggest of the Big Six: How RBC opened a $100-billion market-cap gap over its banking rivals
J.M. Smucker Co. chief executive Mark Smucker leaned on close advisers when he made the decision to bolster the jelly and ...
Euromoney
3d
RBC’s plans to marry large language and transaction models
Canada’s biggest bank has been training in-house AI models on vast bodies of financial data. Now it is integrating them with ...
4h
RBC Capital Keeps Their Buy Rating on The Estée Lauder Companies (EL)
RBC Capital analyst Nik Modi maintained a Buy rating on The Estée Lauder Companies (EL – Research Report) today and set a price target of ...
2d
RBC Training Ground doubles down on breaking barriers for future Olympians
The Whitby, Ont. native’s journey as an elite athlete took off in 2016 when he became the inaugural winner of the RBC ...
GlobalCapital
2d
As easy as RBC: Canadian bank returns to euro covered after 18 months away
First euro covered since 2023 â—† Double digit saving versus dollars â—† Recent non-eurozone supply a better comp than Canadian curve ...
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