RBC Wealth Management has continued to see growth in its Q4 results.
Globally, the wealth management division reported net income of $822 million.
This was a 47 percent – or $264 million – increase year on year.
The firm said this was primarily due to an increase in interest rates and average volume growth of 19 percent in loans and 11 percent in deposits.
RBC Wealth Management also addressed the impact of a legal provision taken in US wealth manageme...
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