Bank margins should 'open up' as Fed begins rate cuts, says RBC's Gerard Cassidy
Gerard Cassidy, RBC Capital Markets managing director, joins 'Squawk on the Street' to discuss the impact of rate cuts on banks, what will happen with loan demand, and more.
The Fed cut rates by half-point: What to know
The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.
Bank of England Widely Expected to Hold Interest Rates Despite Big US Fed Cut
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will mortgage rates fall from here on out? Not so much, economists say. The central bank announced a 50-basis-point cut to its benchmark rate,
Interest Rates and the Fed: What to Expect Through the Rest of 2024
The Federal Reserve kicked off its easing campaign with a bang Wednesday, cutting rates by 0.5 percentage point, or 50 basis points, to a range of 4.75% to 5%. Quarterly projections showed a narrow ma
RBC appoints ‘highly respected’ 22-year company veteran as CFO in wake of alleged affair scandal
Gibson has served as interim CFO since April 5, following the departure of former CFO Nadine Ahn, who was terminated for ...
Financial Planning1d
RBC hits UBS with another recruiting coup, drawing $2.8B team
An industry recruiter sees RBC Wealth Management's appeal as lying in its international presence and clean reputation.
Forbes8d
Best RBC Savings Accounts In Canada For September 2024
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. As one of Canada’s largest banks ...
RBC Stock’s Path to Doubling Your Investment: A Decade-Long Perspective
The Royal Bank of Canada (TSX:RY) or RBC stock has more than doubled investors' capital in 10 years and may easily do so ...
RBC Capital Remains a Buy on Thermo Fisher (TMO)
In a report released today, Conor McNamara from RBC Capital maintained a Buy rating on Thermo Fisher (TMO – Research Report), with a ...
Forbes3d
RBC Mortgage Rates 2024
It is typically the uppermost rate that a bank will give you. Special rates, also known as discounted rates, are advertised discounts off posted rates. Apply for an eligible RBC mortgage and get ...
Winnipeg retiree who lost close to $650K in fraud scheme sues credit union and bank
A Winnipeg man who says he lost nearly $650,000 in retirement funds to an alleged fraud scheme is suing a credit union and a ...
bankingdive8d
RBC names interim CFO Gibson as permanent
The move presumably puts more distance between the bank and Gibson’s predecessor, Nadine Ahn, who has sued the bank for wrongful dismissal and damages.
RBC’s McKay Says Canada Is on ‘Wrong Path’ and Needs Tax Reform
Royal Bank of Canada’s top executive said the country’s economic policy has veered off track, and it needs a more competitive ...
Monitordaily4d
Royal Bank of Canada Appoints Gibson as Chief Financial Officer
Royal Bank of Canada appointed Katherine Gibson as chief financial officer, effective immediately. Gibson has served as ...
RBC Names Ventura Head of US ECM, Passaro Head of Syndicate
Royal Bank of Canada named Mike Ventura as head of US equity capital markets in a flurry promotions by the bank.Most Read ...
RBC Capital Sticks to Their Buy Rating for Close Brothers Group (CBGPF)
In a report released yesterday, Benjamin Toms from RBC Capital maintained a Buy rating on Close Brothers Group (CBGPF – Research Report), ...