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RBC reports profit jump on HSBC deal, boosts dividend

Summary by The Globe & Mail
Records adjusted profit of $4.53-billion in the second quarter, compared with $4.2-billiona year earlier

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RBC’s profit jumps on HSBC deal, wealth management boost

Royal Bank of Canada reported a jump in second-quarter profit on Thursday, as the country’s biggest bank benefited from the acquisition of HSBC’s domestic business and strength in its wealth management business.

·Canada
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The Globe & MailThe Globe & Mail
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RBC reports profit jump on HSBC deal, boosts dividend

Records adjusted profit of $4.53-billion in the second quarter, compared with $4.2-billiona year earlier

·Canada
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The Globe & Mail broke the news in Canada on Thursday, May 29, 2025.
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