TORONTO, Feb. 14, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced January mutual fund net sales of $2.5 billion. Long-term funds had net sales of $1.9 billion and money market funds had net sales of $568 million. Mutual fund assets under management increased by 3.1 per cent. Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC) and only includes Canadian prospectus qualified mutual funds. Please consult your advisor and read the prospectus or Fund Facts document before investing. T

RBC is providing clients with more choice, convenience, and security in managing their mortgage TORONTO, Feb. 13, 2025 /CNW/ - RBC has made the mortgage renewal process easier and faster for clients through a new streamlined, self-serve option in the RBC Mobile app1. Now eligible clients can seamlessly and securely renew their RBC mortgage from wherever is most convenient for them. The news comes as the Canada Mortgage and Housing Corporation (CMHC) estimates the total amount of mortgage loans to be renewed over the course of 2024 and 2025 represents close to 40% of the Canadian economy2 - a significant number of homeowners.

TORONTO, Feb. 10, 2025 /CNW/ - Royal Bank of Canada (RBC) and Carbonhound, an automated greenhouse gas emissions reporting platform, today announced a collaboration to help Canadian businesses measure, verify, and manage their carbon emissions. This collaboration aligns with RBC's strategy to support clients in their transition to a low-carbon economy. As regulatory requirements and stakeholder expectations surrounding environmental and social sustainability intensify, Canadian businesses face increased demands to accurately report their carbon emissions and the environmental,

The no annual fee More Rewards RBC Visa and More Rewards RBC Visa Infinite cards will accelerate grocery value and offer exclusive everyday savings to customers in Western Canada VANCOUVER, BC, Feb. 5, 2025 /CNW/ - Today, RBC and Pattison Food Group (PFG) announced the launch of two new credit cards: More Rewards RBC Visa and More Rewards RBC Visa Infinite. Cardholders who hold either of the no annual fee cards will earn points through More Rewards, one of Western Canada's leading loyalty programs from Canada's largest Western-based provider of food and health products. More R

TORONTO, Feb. 3, 2025 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) will release its first quarter results for 2025 on February 27, which will be made available at rbc.com/investorrelations. Financial results are expected to be released at approximately 6:00 a.m. Eastern Standard Time (EST). The conference call is scheduled for 8:30 a.m. (EST) and will feature a presentation by RBC executives followed by a question and answer period with analysts. An audiocast of the call is available on a listen-only basis at: rbc.com/investorrelations/quarterly-financial-statements.html or

TORONTO, Jan. 31, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced January 2025 cash distributions for unitholders of ETF Series of RBC Funds, as follows: FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT RBC Canadian Equity Income Fund - ETF Series RCEI $0.062 Unitholders of record on February 07, 2025, will receive distributions payable on February 14, 2025. For further information regarding ETF Series of RBC Funds, please visit www.rbcgam.com/etfsolutions. Commissions, management fees and expenses all may be associated with investments in mutual

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. About RBCRoyal 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 ca

RBC Training Ground will deepen its commitment to inclusion in sport through new program updates TORONTO, Jan. 29, 2025 /CNW/ - Today, RBC launched the 10th season of RBC Training Ground, a nationwide Olympic talent search program that has experienced nearly a decade of unparalleled success. In 2025, RBC Training Ground will host 20 free qualifying events across the country, welcome new sport partners, provide more funding support for athletes and implement program updates designed to provide greater access to high-performance sport for athletes from a wide range of backgrounds.

Finances are "in a constant state of chaos"Living "bill to bill", dipping into savings to help cover rising costs2025's "biggest financial risk": Not enough money for unexpected expensesTORONTO, Jan. 23, 2025 /CNW/ - As higher costs continue to erode cash flow, over half (55%) of Canadians are describing themselves as financially paralyzed, with almost half (48%) reporting they can no longer maintain their standard of living and over one quarter (29%) admitting their finances are in a constant state of chaos. Other pressing concerns for Canadians surveyed by the RBC Financial

 /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Jan. 22, 2025 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced an offering of $1.5 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 4.279 per cent per annum (paid semi-annually) until February 4, 2030 and at Daily Compounded CORRA plus 1.45 per cent thereafter until their maturity on February 4, 2035 (paid quarterly). The expected clos

Barclays upgraded Royal Bank of Canada from Equal Weight to Overweight

TD Securities downgraded Royal Bank of Canada from Buy to Hold

UBS initiated coverage of Royal Bank of Canada with a rating of Buy

Jefferies upgraded Royal Bank of Canada from Hold to Buy

BMO Capital Markets upgraded Royal Bank of Canada from Market Perform to Outperform

Barclays initiated coverage of Royal Bank of Canada with a rating of Equal Weight

Jefferies initiated coverage of Royal Bank of Canada with a rating of Hold

Canaccord Genuity resumed coverage of Royal Bank of Canada with a rating of Buy

BofA Securities upgraded Royal Bank of Canada from Neutral to Buy

CIBC downgraded Royal Bank of Canada from Sector Outperform to Neutral and set a new price target of $4.00

55% relying on being in a relationship to support their lifestyle62% arguing with their partner over finances77% stressing about moneyTORONTO, Dec. 12, 2024 /CNW/ - Canada's high cost of living is causing harsh financial realities for many couples, with more than half (55%) reporting they need to be in a relationship to pay for their lifestyle, according to the RBC 2024 Relationships & Money Poll. Money was called out as a source of stress by more than three-quarters (77%) of the couples who were polled, as well as the cause of arguments by three-in-five (62%). In addition, al

TORONTO, Sept. 12, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced that Katherine Gibson has been appointed Chief Financial Officer, effective immediately. Ms. Gibson has served as Interim Chief Financial Officer since April 5, 2024. Prior to this, she was Senior Vice President, Enterprise Finance & Controller with global responsibility for head office Finance, including all external, board and management reporting, accounting policy and financial management systems. "Katherine is an outstanding senior executive with global financial insights and leadershi

RBC's latest contest, Red, will include WestJet flights or credit and accommodations for ticket winners across Canada TORONTO, May 23, 2024 /CNW/ - RBC is partnering with WestJet for upcoming select contests and giveaways that will provide flights or credit towards a future WestJet flight for lucky Avion Rewards members who win tickets to see Taylor Swift | The Eras Tour in Canada. RBC's latest contest, Red, is now open and giving away the chance to win 1 of 50 pairs of concert tickets. Additionally, contest winners across Canada will receive accommodations provided by RBC, plus flights to the Toronto or Vancouver shows, or credit towards a future flight courtesy of WestJet. Avion Rewards me

RBC appoints Katherine Gibson Interim Chief Financial Officer following the departure of Nadine Ahn TORONTO, April 5, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) and (NYSE:RY) today announced the appointment of Katherine Gibson as Interim Chief Financial Officer (CFO). She succeeds Nadine Ahn whose employment was terminated by RBC earlier today, effective immediately. RBC was recently made aware of allegations involving Ms. Ahn and immediately launched an internal review and engaged outside legal counsel to investigate. The investigation found evidence that, in contravention of

All members can now earn and redeem Avion points, get cash back,access exclusive experiences and more TORONTO, March 11, 2024 /CNW/ - Avion Rewards, Canada's largest proprietary loyalty program, has launched expanded benefits for its newest membership level, Avion Select, free for all Canadians to join regardless of where they bank. Avion Select members can experience a wide breadth of program features, including up to 40% cash back deals, offers from over 2,400 retailers and brands, the ability to earn Avion points and redeem for virtually anything and much more. "Accessing v

TORONTO, March 7, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced it has filed its notice of annual meeting of common shareholders and management proxy circular for 2024 with securities regulators. The circular contains information about RBC's annual meeting, which is scheduled to occur on April 11, 2024, including the election of directors and the appointment of the bank's auditor. ‎It also contains a detailed description of the board's assessment of the performance of RBC named executive officers for fiscal 2023 and related compensation decisions. RBC is

Yabuki's Motive Partners role expands to include Chairman & CEO of InvestCloud, which sets the stage for the Company's next phase of growth InvestCloud (or "the Company"), a global provider of wealth and asset management solutions, today announced the appointment of Jeffery W. Yabuki ("Jeff") as Chairman and CEO. In this role, Jeff will lead InvestCloud's strategy and operations, with a key focus on excellence of client delivery. Jeff's leadership will further empower InvestCloud's clients and partners with its scalable technology platform. The Company is backed by Clearlake Capital Group, L.P. (together with certain of its affiliates, "Clearlake") and Motive Capital Management, LLC (toge

TORONTO, Sept. 14, 2023 /PRNewswire/ - RBC today announced the appointment of Greg Carmichael as executive chair of the board of directors of City National Bank, effective October 2, 2023. Mr. Carmichael will provide dedicated strategic oversight and board governance to City National as it strengthens its platform for the future as a leading U.S. private and commercial bank. "We're pleased to have an executive of Greg's calibre join City National, and are confident his strong track record of strategic, operational and technological success will help strengthen our foundation f

TORONTO, March 2, 2023 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced it has filed its notice of annual and special meeting of common shareholders, notice of special meeting of first preferred shareholders and management proxy circular for 2023 with securities regulators. The circular contains information about RBC's shareholder meetings, which are scheduled to occur on April 5, 2023, including (i) the election of directors, (ii) the appointment of the bank's auditor, (iii) the approval of an amendment to the stock option plan to extend the exercise period of

Kathleen Taylor to retire as Chair at RBC's 2023 meeting of shareholders TORONTO, Dec. 1, 2022 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE:RY)  today announced that Jacynthe Côté will be appointed as Chair of the Board, effective upon her re-election as an independent director at RBC's meeting of shareholders on April 5, 2023. Ms. Côté will succeed Kathleen (Katie) Taylor, who has served as Board Chair since 2014. Ms. Taylor will retire from the Board following Ms. Côté's appointment as part of an orderly succession. "Under Jacynthe's leadership, I am confident the board will