Royal Bank of Canada T.RY

Alternate Symbol(s): T.RY.P.N | T.RY.P.O | RYBPF | T.RY.P.S | T.RY.P.Z | RYLBF | RBCPF | RY | T.RY.P.H | T.RY.P.J | T.RY.P.M

Financial Services

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.

TSX:RY - Post by User

Royal Bank of Canada

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Post by retiredcfon Jul 04, 2023 4:09pm

222 Views

Post# 35526270

Analyst Recommendation

BUY

Royal Bank(RY-T)

04/07/2023

Question about CM-T

There'll be little disparity among the big banks though CM depends more on Canadian mortgages. Long-term, the big banks will pay you 10-15% returns annually, though they haven't been giving that in recent years. He prefers RY because of its slightly higher ROE and the fact that it is more diversified.

Banks

Jordan Zinberg

$126.970

Unknown

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