Relevant:
- Scotiabank Agrees to Buy ING Bank of Canada for $3 Billion
- Royal Bank of Canada Profit Unexpectedly Declines as Trading Fees Decline
- National Bank bucks credit loss pattern, but TD and RBC profits fall
- Royal Bank, Scotiabank Climb Ranks as U.S. Banks Fall
- RBC Covered Bond Attracts Sell-Out Investor Crowd
2011-04-08 — bloomberg.com
"Royal Bank of Canada (RY), Canada’s largest lender, may get as much as $3.7 billion in the sale of its U.S. consumer bank, a fraction of what it invested in the money-losing business, analysts said."
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