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Royal Bank of Canada T.RY

Alternate Symbol(s):  RY | RBCPF | T.RY.PR.J | T.RY.PR.M | RBMCF | 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 May 13, 2024 9:12pm
343 Views
Post# 36037917

DBRS

DBRS
Royal Bank of Canada's Long-Term Issuer Rating Confirmed at DBRS
MT Newswires - May 13, 2024 10:59 AM EDT

10:59 AM EDT, 05/13/2024 (MT Newswires) -- Morningstar DBRS on Friday confirmed its credit ratings on Royal Bank of Canada (RY.TO) and its related entities, including the bank's long-term issuer rating of "AA (high)" and short-term issuer rating of "R-1 (high)."

The trends on all credit ratings are stable.

The bank's long-term issuer rating includes an intrinsic assessment of "AA" and a support assessment of "SA2," which reflect the expectation of timely systemic support from the Government of Canada.

Price: 142.33, Change: +1.25, Percent Change: +0.89


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