Browse "Finance"

Displaying 31-37 of 37 results

  • Article

    Royal Bank Award for Canadian Achievement

    The Royal Bank Award for Canadian Achievement was designed to honour a Canadian citizen or person living in Canada "whose outstanding accomplishment makes an important contribution to human welfare and the common good.

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    https://development.thecanadianencyclopedia.ca/images/tce_placeholder.jpg?v=e9dca980c9bdb3aa11e832e7ea94f5d9 Royal Bank Award for Canadian Achievement

  • Article

    Royal Bank of Canada (RBC)

    Royal Bank of Canada (RBC) was founded in 1864. Today, it is the country’s largest chartered bank and financial institution. It has five divisions: Personal and Commercial Banking, consisting of banking operations around the world; RBC Wealth Management, consisting of investment products and services for retail investors; RBC Capital Markets for international investment banking services; RBC Insurance for individual and group clients; and Investor and Treasury Services, providing custody services and fund administration for international clients. Royal Bank is a public company that trades on the Toronto Stock Exchange, New York Stock Exchange and SIX Swiss Exchange under the symbol RY. In 2023, RBC registered $56.13 billion in revenue and $14.9 billion in profit and held $2.0 trillion in assets. Royal Bank employs more than 94,000 people, who serve over 17 million customers in 29 counties.

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  • Article

    Royal Commission on Banking and Finance

    Banking and Finance, Royal Commission onBanking and Finance, Royal Commission on (Porter Commission), established 1961 (after the governor of the Bank of Canada, James COYNE, had publicly disagreed with the federal government's economic policies), to examine and to make recommendations for the improvement of "the structure and methods of operations of the Canadian financial system, including the banking and monetary system and the institutions and processes involved in the flow of funds through the capital...

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    https://development.thecanadianencyclopedia.ca/images/tce_placeholder.jpg?v=e9dca980c9bdb3aa11e832e7ea94f5d9 Royal Commission on Banking and Finance

  • Macleans

    Royal-Montreal Bank Merger

    This article was originally published in Maclean’s magazine on Oct. 31, 1997. Partner content is not updated. But they co-operate, nonetheless, in the conviction that everything they say and do on this day will be worthwhile if it helps them push through the merger.

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  • Article

    Stock and Bond Markets

    After shares are issued they may be listed on various stock exchanges and bought or sold through brokerage firms. Shares may be listed on a stock exchange if the companies have the size, stability and financial strength and are willing to report publicly on their operations.

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  • Editorial

    The Great Crash of 1929 in Canada

    The following article is an editorial written by The Canadian Encyclopedia staff. Editorials are not usually updated. In late October of 1929, terror seized the stock exchanges of North America. Capitalism’s speculative party, with its galloping share prices and its celebrity millionaires, came to an abrupt stop. The Great Crash, it was called, and it was followed by the Great Depression.

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    https://d2ttikhf7xbzbs.cloudfront.net/media/media/cc8df85f-c925-4f6f-91e1-7403bcb85345.jpg The Great Crash of 1929 in Canada

  • Article

    Toronto Feature: Bank of Toronto

    This article is from our Toronto Feature series. Features from past programs are not updated.

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