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Royal Bank of Canada
As of May 16, 2026 at 24:00 UTC
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About Royal Bank of Canada
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.3 trillion in assets at the end of fiscal 2025. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
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Latest News
5 articlesRBC Global Asset Management Inc. announced May 2026 cash distributions for unitholders of RBC ETFs across various bond, equity, and dividend-focused funds. Unitholders of record on May 22, 2026, will receive distributions payable on May 29, 2026.
Financial 15 Split Corp. announced a 10-for-100 share split of its Class A shares effective May 19, 2026, subject to TSX approval. The split will result in approximately 10% increase in total distributions through additional share issuance, with monthly distributions remaining at $0.12570 per share. The company invests in a portfolio of major North American financial services companies.
Canadian Banc Corp. announced a share split of its Class A shares (10 additional shares per 100 held) effective May 19, 2026, subject to TSX approval. The company will maintain its 15% annualized monthly cash distribution target. The company invests primarily in six Canadian banks and employs a covered call writing strategy to enhance returns.
East Side Games Group (TSX:EAGR) announced a non-brokered private placement of 31.8 million units at $0.11 per unit to raise up to $3.5 million. Director Derek Lew will participate with $1.0 million for 9.1 million units. The proceeds will be used to repay Royal Bank of Canada debt and fund operating expenses. CEO Jason Bailey expressed confidence in the company's turnaround strategy and 2026 outlook.
NuScale Power stock has declined 22% in 2026 despite a recent 40% surge. The author recommends buying before June 2, when management will present at a Royal Bank of Canada conference. Key catalysts include a May 7 earnings report and the June 2 presentation, where investors should monitor management's focus on long-term growth drivers like AI data center demand and the status of five exploratory NDAs with major tech companies.
