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 Canada's biggest bank 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 said last week it had started the process of disposing of its 50 percent stake in RBC Dexia, and RBC has right of first refusal on the asset."So there's no question that we have to examine what our opportunities are going forward," Nixon said.
Royal Bank of Canada (RBC) is a diversified financial services company. Shares of RY fell by 0.16% or $-0.08/share to $49.58. 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 1369442.
Royal Bank of Canada (RBC) is a diversified financial services company. Shares of RY traded higher by 1.07% or $0.53/share to $49.88. 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 531062.
