RBC Royal Bank

RBC warns of rising mortgage losses through 2025 with upcoming renewals

September 3, 2024 2 Comments

BoC rate cuts will ease pressure, but mortgage renewal shocks still loom, RBC says

RBC saw a 40% decline in mortgage originations in Q1

March 3, 2023 No Comments

Canada’s largest bank saw a 40% decline in mortgage originations in the first quarter, it revealed in its first-quarter earnings call.

Bank CEOs weigh in on “vulnerable” mortgage clients

January 10, 2023 2 Comments

Canada’s Big-Bank CEOs weighed this week in on the current state of their mortgage clients, including those they consider “vulnerable” in the event of a recession.

RBC says a majority of its mortgage clients can absorb higher payments

November 30, 2022 No Comments

Royal Bank of Canada said it remains confident in the ability of a majority of its mortgage borrowers to handle payment increases.

RBC makes a $13.5-billion bid for HSBC Canada

November 29, 2022 No Comments

Canada’s largest bank is planning to become even bigger with a $13.5-billion offer to purchase the Canadian banking arm of HSBC.

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