Royal Bank of Canada, the country's largest bank, said on Wednesday it has agreed to sell its Jamaican banking operations to Sagicor Group Jamaica Ltd. Royal Bank did not disclose financial terms, but said it expects the deal to result in a C$60 million ($54 million) loss, partly because of a goodwill writedown.
Royal Bank of Canada is a Canada-based banking company. Shares of RY fell by 0.18% or $-0.11/share to $62.32. In the past year, the shares have traded as low as $55.49 and as high as $68.89. On average, 525052 shares of RY exchange hands on a given day and today's volume is recorded at 468873.
Royal Bank of Canada is a Canada-based banking company. Shares of RY traded higher by 0.23% or $0.16/share to $69.54. In the past year, the shares have traded as low as $58.55 and as high as $73.35. On average, 2213680 shares of RY.TO exchange hands on a given day and today's volume is recorded at 1693529.
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