Category Banking

Royal Bank of Canada announces dividend rates on NVCC Non-Cumulative 5-Year Rate Reset First Preferred Shares Series

Royal Bank of Canada (RY on TSX and NYSE) today announced the applicable dividend rates for its Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series BO (the “Series BO shares”) and NVCC Non-Cumulative Floating Rate First Preferred Shares,…

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Royal Bank of Canada announces Institutional NVCC Preferred Share Issue

Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced a domestic public offering of Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BU (“Preferred Shares Series BU”). Royal Bank of Canada will issue to certain institutional investors 750 thousand Preferred Shares Series BU priced…

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RBC announces targeted close date for proposed acquisition of HSBC Bank Canada

Royal Bank of Canada (“RY” on TSX and NYSE) (“RBC”) today announced that the targeted close date for the proposed acquisition of HSBC Bank Canada will be Thursday, March 28, 2024, subject to the satisfaction of customary closing conditions. Conversion activities will begin…

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New Research from Wells Fargo and the Female Quotient Explores Taboo Topics, Secret Numbers, and Differing Gender and Generations’ Relationships to Money

For National Financial Wellness Month, Wells Fargo & Company (NYSE: WFC) and The Female Quotient (The FQ) are releasing the findings from a new research study conducted by The FQ, “Our Secret Numbers: Women, Men, and the Taboo Nature of Financial…

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BofA Launches CashPro® Insights – Latest Digital Innovation for Treasury Management

Bank of America announced the launch of CashPro Insights, a digital tool that analyzes information flowing through the CashPro platform. Through data-driven intelligence, clients are presented with insights that empower them to make more informed treasury decisions and drive cost…

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