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Royal Bank of Canada T.RY

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

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

Post by Dibah420on Feb 24, 2022 9:46am
274 Views
Post# 34457557

Q1

Q1At a cursory look, looks good to me.  Release came unfortunately simultaneous with the launch of a war in E. Europe.  In early morning panic RY was trading down 4.5% in NY.  By next week things should get back to some modicum of normal.
I suspect VP will call a cease fire by the end of the weekend by which time he'll have grabbed a good chunk of Ukraine.  He's not interested in occupying the whole country.  VZ will either cry uncle or make up with him behind the scene.  All these threats of severe sanctions from JB, BJ, EM will be painful for a while but you can be sure are careffully calculated in Moscow.  Heck, even Saddam thrived under sanctions for a very long time.  Wars are not won without soldiers on the ground.
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