Dividend increases among the big banks expected to be muted when earnings come out next week
Canadian university students on the hunt for a job say their top priority is high future earnings.
The bank also named Vito Sperduto as the head of RBC Capital Markets in the U.S. RBC, which recognizes a 10% share in investment banking in its home turf, Canada, also has ambitions to venture further into the U.S. market, representing 56% of the global investment banking fee pool. "Vito’s appointment reflects our increased focus on the U.S. as our second home market and the importance of the bank’s overall U.S. strategy as a driver of growth," said Derek Neldner, CEO and Group Head of RBC Capital Markets.