NEW YORK, Dec 18 (Reuters) - Royal Bank of Canada has agreed to pay $35 million to resolve a lawsuit by the U.S. Commodity Futures Trading Commission that accused it of running an illegal trading scheme to gain lucrative Canadian tax benefits.
NEW YORK, Dec 18 (Reuters) - Royal Bank of Canada has agreed to pay $35 million to resolve a lawsuit by the U.S. Commodity Futures Trading Commission, accusing it of running a massive trading scheme...
** Hochschild Mining's shares hit more than 6-yr low after brokerage RBC cuts TP, saying co remains a "structurally higher cost silver miner" at prevailing metal prices
(Adds comments from CFO interview on winding down of U.S. proprietary trading arm)
(Corrects net income figure in 10th paragraph to billion from million)
TORONTO, Nov 21 (Reuters) - Royal Bank of Canada said on Friday it is shutting down its international client-wealth-management business in the Caribbean, along with some international advisory businesses in Canada and the United States.
LONDON, Nov 19 (Reuters) - Investors should prepare their portfolios for an upsurge in political risk in Britain, where a 2015 election could pave the way for a potentially disruptive exit from the...
NEW YORK, Nov 14 (Reuters) - RBC Wealth Management, the U.S. brokerage arm of Royal Bank of Canada, said it had hired Paul J. Pallo, Jeffrey Laster and Frederick Levine from Oppenheimer & Co in Florham Park, New Jersey.
(Adds Kleinwort Benson, Okapi Partners, Consolidated Press Holdings, California State Teachers' Retirement System, RBC Wealth)
NEW YORK, Nov 7 (Reuters) - RBC Wealth Management, the U.S. brokerage arm of the Royal Bank of Canada, said Friday it hired an Indianapolis, Indiana-based