RBC's Stymiest Says Trading Fell in `Tough Market': Video
154 views · Published 23 March 2012 · 4:59 · Indexed 28 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Aug. 26 (Bloomberg) -- Barbara Stymiest, group head of strategy, treasury and corporate services at Royal Bank of Canada, talks with Bloomberg's Melissa Long about the drop in the company's trading revenue, its U.S. consumer bank and insurance businesses, and marketeting strategy in the U.S.
RBC missed analysts' estimates for the fourth straight quarter as trading revenue plunged 93 percent. The Toronto-based bank said net income fell 18 percent to C$1.28 billion ($1.21 billion) or 84 cents a share. (Source: Bloomberg)
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