RBC’s custodial business is experiencing a big uptick in business, having signed clearing contracts with 27 new RIAs and broker-dealers since last October, the beginning of the firm’s fiscal year.

RBC Dain Rauscher is on the prowl for a brokerage acquisition. John Taft, the new chief executive of the Minneapolis-based regional brokerage, is aiming to increase the firm's rep force to 2,500 ...

TORONTO, Dec. 5, 2024 /CNW/ - Bringing access to markets around the globe, RBC Direct Investing has launched online International Trading in multiple foreign currencies for all its investors – ...

Brokerage firm Wunderlich Securities Inc. plans to buy five RBC (U.S.) Wealth Management offices in Michigan and Ohio with 21 retail brokers and about $700 million in client assets under ...

(February 23 – 16:50 ET) – On a conference call with analysts this afternoon, the Royal Bank’s basked in generally positive comments about RBC’s succession plan. RBC Dominion Securities head, Gord ...

RBC Financial’s U.S. brokerage unit RBC Dain Rauscher Wessels announced today that it will make a US$7.6 million investment in its Israeli partner, investment bank Tamir Fishman & Co. Peter Grant, ...

Within this environment, RBC identified Spanish fashion group Inditex and UK-listed home improvement retailer Kingfisher as its top picks. Inditex is trading at about 25x CY26E P/E with a 3.5% ...

NEW YORK (Reuters) - The flight of U.S. financial advisers to independent firms has only just begun, and Royal Bank of Canada intends to lure its share of these break-away brokers. RBC Wealth ...

RBC Direct Investing recently became the only Canadian bank-owned discount brokerage to allow self-directed investors to buy securities trading internationally on several non-North American stock ...

As any stockbroker knows, it isn't just online and institutional brokers that offer discounts. Brokers at full-service firms have long offered commission concessions to keep their top customers happy, ...

(Bloomberg) — The culture of RBC nice is paying dividends for Canadas second-biggest bank. Royal Bank of Canada has become the standard-bearer for a revolt among investors against so-called predatory ...