Royal Bank of Canada closed 10.8% short of its 52-week high of C$180.45, which the company achieved on December 6th.

Royal Bank of Canada closed 11.9% short of its 52-week high of C$180.45, which the company achieved on December 6th.

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Royal Bank of Canada's (RY) board increased CEO David McKay's total 2024 compensation to just under C$26M (US$18M) from C$16.1M in 2023, the company disclosed in its proxy statement on Thursday.

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Bank of Canada (RY) has reportedly trimmed its workforce by an unknown amount as part of a broader overhaul of its business segments after acquiring HSBC (HSBC) Canada for $13.5B last year.