denting Archives - Rvpg media

Canada’s RBC, National Bank step up bad debt provisions, denting shares

Nov 30 (Reuters) – Royal Bank of Canada (RBC) (RY.TO) and National Bank of Canada (NA.TO) set aside more funds to deal with bad loans on Wednesday, denting fourth quarter earnings. Investors wary of the impact of rapid central bank interest rate hikes marked down RBC and National Bank shares by 1.4% and 4% respectively, … Read more