Canada’s largest bank Royal Bank of Canada (RBC) beat analysts’ estimates for third-quarter profit on Thursday, helped by cost cutting and higher interest rates and warned of more layoffs ahead as it tackles elevated expenses.
August 24, 2023 - 15:49
By Pharos Investment Advisors Comments are Off
Canada’s largest bank Royal Bank of Canada (RBC) beat analysts’ estimates for third-quarter profit on Thursday, helped by cost cutting and higher interest rates and warned of more layoffs ahead as it tackles elevated expenses.
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