The U of T economics professor will work with the bank in a part-time role
The bank is looking for ways to simplify its holdings and chart a path forward: CEO
Bloomberg New Energy Finance ranked RBC as having the worst ratio of clean energy to fossil fuel funding among major global banks
As of Friday, the other Big Six banks were still listed as members
The bank says it cut the bonuses to reflect the seriousness of its anti-money laundering failures
Plus, other firms announce fee changes, fund closures and mergers
Big banks preparing for range of scenarios with incoming Trump administration
The hold reflects OSFI's view that risks facing the financial system remain generally stable
The Canadian bank announced in August a plan to acquire a 14.9% stake in KeyCorp
The bank says it will put out its year-end results in mid-December