• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    RBC Royal Bank announces change to prime rate

    1/29/25 2:30:00 PM ET
    $RY
    Commercial Banks
    Finance
    Get the next $RY alert in real time by email

    TORONTO, Jan. 29, 2025 /CNW/ - RBC Royal Bank is decreasing its prime rate by 25 basis points from 5.45 per cent to 5.20 per cent, effective January 30, 2025.

    RBC (CNW Group/RBC Royal Bank)

    About RBC

    Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 18 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

    For more information, please contact:

    Heather Colquhoun, RBC Corporate Communications

    SOURCE RBC Royal Bank

    Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/29/c4406.html

    Get the next $RY alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $RY

    DatePrice TargetRatingAnalyst
    5/30/2025Outperform → Sector Perform
    National Bank Financial
    5/15/2025Sector Outperform
    Scotiabank
    4/4/2025Neutral → Sector Outperform
    CIBC
    11/21/2024Equal Weight → Overweight
    Barclays
    11/15/2024Buy → Hold
    TD Securities
    7/2/2024Buy
    UBS
    5/13/2024Hold → Buy
    Jefferies
    4/5/2024Market Perform → Outperform
    BMO Capital Markets
    More analyst ratings

    $RY
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Royal Bank of Canada announces NVCC subordinated debenture issue

      /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 25, 2025 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced an offering of $1.25 billion of non-viability contingent capital (NVCC) subordinated debentures ("the Notes") through its Canadian Medium Term Note Program. The Notes bear interest at a fixed rate of 4.214 per cent per annum (paid semi-annually) until July 3, 2030 and at Daily Compounded CORRA plus 1.51 per cent thereafter until their maturity on July 3, 2035 (paid quarterly). The expected closing date

      6/25/25 6:50:00 PM ET
      $RY
      Commercial Banks
      Finance
    • RBC deepens its commitment to advancing reconciliation and human rights with the launch of its inaugural Reconciliation Action Plan

      The bank thanks 400+ First Nations, Inuit and Métis communities, employees and business owners who shared their insights to help inform RBC's Reconciliation Action Plan and journey forward TORONTO, June 20, 2025 /CNW/ - Today, Royal Bank of Canada (RBC) published its Reconciliation Action Plan: Pathways to Economic Prosperity – a strategic framework outlining the bank's measurable, long-term commitment towards reconciliation and plans to address the Truth and Reconciliation Commission of Canada's Calls to Action 921 for Corporate Canada. Building on RBC's longstanding history2 of working with Indigenous communities across Canada, the plan prioritizes the organization's actions and investment

      6/20/25 7:01:00 AM ET
      $RY
      Commercial Banks
      Finance
    • RBC Global Asset Management Inc. announces May sales results for RBC Funds, PH&N Funds and BlueBay Funds

      TORONTO, June 13, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May mutual fund net sales of $853 million. Long-term funds had net sales of $747 million and money market funds had net sales of $106 million. Mutual fund assets under management increased by 3.2 per cent. Mutual fund sales results information is based on preliminary data from the Securities and Investment Management Association (SIMA) (formally the Investment Funds Institute of Canada) and only includes Canadian prospectus qualified mutual funds. Please consult your advisor and re

      6/13/25 9:05:00 AM ET
      $RY
      Commercial Banks
      Finance