Royal Bank of Canada lays off 1% of its U.S. investment banking team

The lender’s RBC Capital Markets division cut one per cent of its U.S. investment banking team, with the reductions focused on junior staff, said some of the people, who asked not to be identified discussing personnel changes. The moves were in line with RBC’s standard annual changes, one of the people said.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

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Canada's housing market has never been more unaffordable: RBC's Hogue - BNN Bloomberg​Buying a home in the Canadian market has never been so unaffordable, as surging interest rates continue to drive ownership costs to record-high levels, according to Robert Hogue, assistant chief economist at RBC Economics. Some fun charts, Raise them more should be 7-10% Good thing the Lieberals are on it..
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