RBC CEO McKay on Growth Targets, Tariffs and Canadian Election
From Yahoo Finance: 2025-03-27 18:01:00
Royal Bank of Canada’s President and CEO, Dave McKay, talks about the bank’s earnings growth targets and the impact of tariffs on the economy. RBC plans to uphold its growth and profitability goals despite potential disruptions from trade tensions.
At its investor day, RBC reiterates its commitment to current growth and profitability targets. The bank acknowledges the uncertainty caused by trade disputes and warns that these could affect its financial objectives.
Dave McKay highlights the potential risks of trade turmoil on RBC’s performance in an interview on “Bloomberg The Close.” The bank remains focused on achieving its growth and profitability targets while navigating through economic challenges.
Read more at Yahoo Finance: RBC CEO McKay on Growth Targets, Tariffs and Canadian Election