Royal Bank of Canada said on Wednesday that it had agreed to sell its Jamaican banking operations to Sagicor Group Jamaica Ltd.The bank, Canada's largest, said the purchase price was roughly the book value of the assets, but did not elaborate. It expects to lose C$60 million ($54 million) from the transaction, partly because of a goodwill writedown.Sagicor Group Jamaica is controlled by Barbados-based financial services company Sagicor Financial Corp, according to Thomson Reuters data.Royal Bank said it remained committed to the Caribbean but would focus on regions there where it has a bigger market share.
Royal Bank of Canada is a Canada-based banking company. Shares of RY traded higher by 0.03% or $0.02/share to $62.34. 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 21252.
Royal Bank of Canada is a Canada-based banking company. Shares of RY fell by 0.29% or $-0.2/share to $69.34. 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 225865.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 1.02% or $-0.37/share to $35.76. In the past year, the shares have traded as low as $29.33 and as high as $38.73. On average, 730682 shares of TRI exchange hands on a given day and today's volume is recorded at 25681.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 1.27% or $-0.51/share to $39.80. In the past year, the shares have traded as low as $29.40 and as high as $42.10. On average, 904041 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 36491.
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