Canada 3Q GDP Grows at Fastest Pace in Two Years
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Royal Bank of Canada , the country's largest lender by assets, will consider acquisitions of as much as $4.9 billion as it seeks to expand its wealth- management unit, Chief Financial Officer Janice Fukakusa said.
Royal Bank of Canada was ordered to pay more than $800,000 to a U.S. couple over their losses on investments including Lehman Brothers Holdings Inc. preferred stock.
Royal Bank of Canada said second-quarter profit rose 26% as acquisitions fueled returns.