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Royal Bank of Canada T.RY

Alternate Symbol(s):  RY | T.RY.PR.J | RBCPF | T.RY.PR.M | RBMCF | T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF

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

Bullboard Posts
Comment by johnathamiltonon Dec 20, 2010 1:52pm
477 Views
Post# 17871499

RE: RE: Tax Loss Selling time for RY-T!!

RE: RE: Tax Loss Selling time for RY-T!!Bottom for RY not in yet. It'll be at least 3 months in the penalty box and will need to beat expectations to get out. Otherwise this will be a long ride of pain for RY - Investors. Not to mention that the macro-economic situation is not helping - and with Carney and Flaherty mouthing off, they will only make the situation worse. Now for sure people will get scared and stop spending. The Ontario Government has to some how come up with 18 Billion dollars per year to cover their economic hole, so I don't see the glory days for the banks returning for quite a while.
Bullboard Posts