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ROYAL BANK OF CANADA
Royal Bank of Canada (RBC) is issuing 3-year Capped Return Notes linked to the Class A common stock of Space Exploration Technologies Corp. The notes offer a maximum return of 39% based on the underlier's performance, while providing principal protection if the final value is less than or equal to the initial value at maturity.…more
ROYAL BANK OF CANADA
Final prospectus supplement filed (shelf takedown, pricing included).
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RBC Considers Blocking Meta’s Muse AI Agent
RBC CEO Dave McKay stated that the bank is considering blocking Meta's Muse AI agent due to security concerns. This highlights growing tensions between financial institutions and tech companies regarding AI data security and control.…more
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RBC and Mill Pond Capital are opposing H&R REIT's plan to break up and sell assets to Blackstone. This shareholder opposition has created uncertainty regarding the completion of the proposed transaction.…more
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Royal Bank of Canada reported third-quarter earnings and revenue that exceeded analyst expectations, driven by strong performance in wealth and capital markets. However, shares dipped slightly as investors weighed rising credit-loss provisions and a slight decline in personal banking profit.…more
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