Royal Bank of Canada quarterly profit slumps on higher loan loss provisions
Royal Bank of Canada reported a
54% drop in quarterly profit on Wednesday, as the lender kept
aside more funds to cover bad loans amid the COVID-19 crisis
that has battered the economy.
54% drop in quarterly profit on Wednesday, as the lender kept
aside more funds to cover bad loans amid the COVID-19 crisis
that has battered the economy.
Posted by Reuters
