TORONTO, Jan. 9, 2025 /CNW/ - RBC (TSX: RY) (NYSE: RY) today announced it has partnered with Cohere, a leader in security and privacy-focused enterprise AI, to co-develop and securely deploy an enterprise generative AI (genAI) solution optimized for financial services. The platform, called North for Banking, will integrate with RBC's and Cohere's own proprietary foundation models, as well as RBC's internal platforms with the goal to accelerate the development of genAI solutions at RBC securely and efficiently. This collaboration leverages the expertise of each organization to develop more accurate and verifiable models, with a focus on risk and security features to protect companies in the financial services industry.

TORONTO, Jan. 7, 2025 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) will host an Investor Day on Thursday, March 27, 2025, with presentations given by Dave McKay, president and chief executive officer, and members of the executive management team.

A live webcast and presentation slides will be posted on the day of the event to https://www.rbc.com/investor-relations/events-and-presentations.html. Dial-in information and a more detailed agenda will be provided at a later date.

TORONTO, Dec. 19, 2024 /CNW/ - Dave McKay, president and chief executive officer of Royal Bank of Canada (RY on TSX and NYSE), is scheduled to speak at the RBC Capital Markets Canadian Bank CEO Conference on January 7, 2025, from 8:40 a.m. to 9:15 a.m. (EST).

A link to the live audio webcast will be available on RBC's website at https://www.rbc.com/investor-relations/events-and-presentations.html on January 7, 2025. The webcast will be archived for three months.

TORONTO, Dec. 13, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced November mutual fund net sales of $1.2 billion. Long-term funds had net sales of $966 million and money market funds had net sales of $245 million. Mutual fund assets under management increased by 3.4 per cent.

Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC) and only includes Canadian prospectus qualified mutual funds.

TORONTO, Dec. 12, 2024 /CNW/ - Canada's high cost of living is causing harsh financial realities for many couples, with more than half (55%) reporting they need to be in a relationship to pay for their lifestyle, according to the RBC 2024 Relationships & Money Poll.

TORONTO, Dec. 11, 2024 /CNW/ - RBC Royal Bank is decreasing its prime rate by 50 basis points from 5.95 per cent to 5.45 per cent, effective December 12, 2024.

About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 18 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

TORONTO, Dec. 4, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of six cents, or four per cent, to $1.48 per share, payable on and after February 24, 2025, to common shareholders of record at the close of business on January 27, 2025.

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after February 24, 2025, to shareholders of record at the close of business on January 27, 2025.

All amounts are in Canadian dollars and are based on our audited Annual and unaudited Interim Consolidated Financial Statements for the year and quarter ended October 31, 2024 and related notes prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board, unless otherwise noted. Effective November 1, 2023, we adopted IFRS 17 Insurance Contracts (IFRS 17). Comparative amounts have been restated from those previously presented. Our 2024 Annual Report (which includes our audited Annual Consolidated Financial Statements and accompanying Management's Discussion & Analysis), our 2024 Annual Information Form and our Supplementary Financial Information are available on our website at http://www.rbc.com/investorrelations and on https://www.sedarplus.com.

TORONTO, Nov. 29, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced November 2024 cash distributions for unitholders of ETF Series of RBC Funds, as follows:

FUND NAME

FUND TICKER

CASH DISTRIBUTION PER UNIT

RBC Canadian Equity Income Fund - ETF Series

RCEI

$0.062

Unitholders of record on December 6, 2024, will receive distributions payable on December 13, 2024.

Dr.Bill's $150,000 contribution to the Ontario Medical Foundation supports the advancement of three physician-led research projects focused on peer support, mindfulness training, and wellness evaluations to help physicians manage burnout

TORONTO, Nov. 20, 2024 /CNW/ - Today, Dr.Bill proudly celebrates the one-year anniversary of its $150,000 contribution to the Ontario Medical Foundation (OMF), a critical investment that has propelled research efforts to reduce physician burnout and address barriers to equitable health care1. The funding has supported three pivotal projects, led by renowned Ontario physicians: Dr. Noah Ivers, MD, PhD, CCFP; Dr. Julie Maggi, MD, MSc, FRCPC, and Dr. Elli Waisbaum, BFA, MES, PhD; and Dr. Sanjeev Sockalingam, MD, MHPE, FRCPC, and Dr. Treena Wilkie, MD, FRCPC.

TORONTO, Nov. 8, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) has released an abridged version of its Q3 2024 Supplemental Financial Information package, which reflects the performance on a retrospective basis of the three business segments (Personal Banking, Commercial Banking and Wealth Management) associated with the previously announced realignment of the bank's executive team. The realignment does not impact the bank's Consolidated results.

TORONTO, Nov. 5, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced its intention to redeem all outstanding Non-Viability Contingent Capital (NVCC) 2.88 per cent subordinated debentures due December 23, 2029 for 100 per cent of their principal amount plus accrued interest to, but excluding, the redemption date. The redemption will occur on December 23, 2024. The current principal amount of 2.88 per cent NVCC subordinated debentures outstanding is $1,500,000,000.

Media Advisory – Financial Literacy Month

VANCOUVER, BC, Nov. 4, 2024 /CNW/ -

Three of the top financial concerns among B.C. residents:

1.  65%: Concerned about balancing today's expenses versus building my savings2.  58%: Worried about my cash flow3.  48%: More anxious about my financial futureSource: RBC 2024 Financial Independence Poll

RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.

Media Advisory – Financial Literacy Month

CALGARY, AB, Nov. 4, 2024 /CNW/ -

Three of the top financial concerns among Alberta residents:

1.  71%: Concerned about balancing today's expenses versus building my savings2.  64%: Worried about my cash flow3.  48%: More anxious about my financial futureSource: RBC 2024 Financial Independence Poll

RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.

Media Advisory – Financial Literacy Month

WINNIPEG, MB, Nov. 4, 2024 /CNW/ -

Three of the top financial concerns among Saskatchewan and Manitoba residents:

1.  75%: Concerned about balancing today's expenses versus building my savings2.  63%: Worried about my cash flow3.  54%: More anxious about my financial futureSource: RBC 2024 Financial Independence Poll

RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.

Media Advisory – Financial Literacy Month

TORONTO, Nov. 4, 2024 /CNW/ -

Three of the top financial concerns among Ontario residents:

1.  81%: Concerned about balancing today's expenses versus building my savings2.  72%: Worried about my cash flow3.  49%: More anxious about my financial futureSource: RBC 2024 Financial Independence Poll

RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.

Media Advisory – Financial Literacy Month

MONTREAL, Nov. 4, 2024 /CNW/ -

Three of the top financial concerns among Quebec residents:

1.  79%: Concerned about balancing today's expenses versus building my savings2.  55%: Worried about my cash flow3.  42%: More anxious about my financial futureSource: RBC 2024 Financial Independence Poll

RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.

Media Advisory – Financial Literacy Month

HALIFAX, NS, Nov. 4, 2024 /CNW/ -

Three of the top financial concerns among Atlantic Canada residents:

1.  77%: Concerned about balancing today's expenses versus building my savings2.  66%: Worried about my cash flow3.  57%: More anxious about my financial futureSource: RBC 2024 Financial Independence Poll

RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.

Media Advisory – Financial Literacy Month

TORONTO, Nov. 4, 2024 /CNW/ -

Three of the top financial concerns among Canadians:

1.  77%: Concerned about balancing today's expenses versus building my savings2.  64%: Worried about my cash flow3.  48%: More anxious about my financial futureSource: RBC 2024 Financial Independence Poll

RBC advice: Anyone can freely access RBC's comprehensive My Money Matters online advice and resources hub. RBC clients can access MyAdvisor – a digital advice platform which has now connected 4.5 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.