(WASHINGTON)Bank of America Corp. has agreed to buy back up to $4.7 billion in auction-rate securities to settle charges it misled thousands of customers about the risky investments, federal a...READ MORE
(NEW YORK)RBC Capital Markets, the investment banking unit of Royal Bank of Canada, said Thursday it hired seven former Bear Stearns Cos. employees to join its municipal finance healthcare p...READ MORE
(PORT-OF-SPAIN, Trinidad)The Royal Bank of Canada says it bought Trinidad's largest bank to create one of the biggest banking networks in the Caribbean. RBC's director of international banking and ...READ MORE
(RICHMOND, Va.)A federal judge on Thursday ordered imprisoned quarterback Michael Vick to repay more than $2.4 million to a Canadian bank for defaulting on a loan. The Royal Bank of Canada sued V...READ MORE
(NEW YORK)
Canadian bank Royal Bank of Canada on Friday named Jim Westlake group head of international banking and insurance as it focuses on international growth.
Peter Armenio, currently ...READ MORE
(PITTSBURGH)A company majority-owned by the Persian Gulf state of Bahrain has accused aluminum maker Alcoa Inc. of bribing officials through overseas shell companies to secure hundreds of mill...READ MORE
(NEW YORK)Royal Bank of Canada has reached a deal to buy Ferris, Baker, Watts Inc. to establish a stronger foothold in the U.S., the companies said Thursday. RBC did not disclose the price i...READ MORE