Canada's RBC eyes global expansion in capital markets, wealth management

Business

Royal Bank of Canada will look to expand its foothold in capital markets and wealth management globally, CEO Dave McKay said on Thursday, setting the stage for fiercer competition with its peers on Wall Street. While RBC has scaled these businesses, its market share is "relatively small" and it still has room to grow, McKay said at the top Canadian bank's first investor day in seven years. Capital markets have become a vital revenue stream for banks in recent years. Buoyed by an equities rally

Canada's RBC eyes global expansion in capital markets, wealth management https://www.channelnewsasia.com/ - 27.03.2025 17:02

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Canada's RBC eyes global expansion in capital markets, wealth management https://www.channelnewsasia.com/ - 27.03.2025 17:02