The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A logo on Royal Bank Plaza is pictured on Bay Street in Toronto on Friday, July 25, 2014.
A logo on Royal Bank Plaza is pictured on Bay Street in Toronto on Friday, July 25, 2014.
(DARREN CALABRESE FOR THE GLOBE AND MAIL)

The analyst who wants more capital markets earnings from RBC

There is one analyst vocally calling for Royal Bank of Canada to drop its internal benchmark of keeping capital markets earnings to one quarter of the bank's overall profit.

So far, the bank is hewing to the limit, even though capital markets earnings bumped over that limit slightly in the last quarter (as new chief executive officer David McKay took great pains to point out on the bank's conference call).