RBC's overall profits grew in the fourth quarter of 2023, but net income plunged at its wealth management unit. RBC's overall profits rose last quarter, but its wealth management business stumbled.

The Royal Bank of Canada has once again expanded its reach in the United States, this time by snapping up a billion-dollar team of advisors from UBS. RBC Wealth Management announced on Friday that it ...

RBC Wealth Management, a wholly owned subsidiary of Royal Bank ofCanada, is one of the largest full-service securities firms in the U.S. Thecompany serves individual investors and businesses through ...

TORONTO (Reuters) - Royal Bank of Canada's U.S. wealth management unit has been luring teams managing bigger amounts of assets from much larger rivals, driving a surge in revenue from the new recruits ...

Vikesh Nemani had wanted to immigrate to the United States since he was in the sixth grade. Nemani, who grew up in Kolkata, India, achieved his dream when he attended Case Western Reserve University ...