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Friday, October 28, 2011

RBC "examining opportunit​ies" regarding Dexia-CEO, (TSE: RY.TO), (NYSE: RY)

Royal Bank of Canada is "examining its opportunities" regarding its joint venture with distressed Belgian lender Dexia , RBC's chief executive said on Friday.In an interview with Canada's BNN television, CEO Gord Nixon wouldn't comment on whether it was negotiating to purchase Dexia's 50-percent stake in the venture, RBC Dexia Investor Services, but acknowledged there was pressure on RBC to make a decision.Dexia has said it is looking to sell assets, including the joint venture stake."So there's no question that we have to examine what our opportunities are going forward," he said.

Royal Bank of Canada (RBC) is a diversified financial services company. Shares of RY fell by 0.22% or $-0.11/share to $49.55. In the past year, the shares have traded as low as $44.38 and as high as $61.53. On average, 4191000 shares of RY.TO exchange hands on a given day and today's volume is recorded at 1145701.

Royal Bank of Canada (RBC) is a diversified financial services company. Shares of RY traded higher by 1.05% or $0.52/share to $49.87. In the past year, the shares have traded as low as $42.27 and as high as $63.59. On average, 1180310 shares of RY exchange hands on a given day and today's volume is recorded at 392826.