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RBC WEALTH MANAGEMENT
Nvidia, Broadcom, Micron stocks crash: Why are tech shares down today?Nvidia, Micron, Broadcom stocks: There has been high volatility in the tech sector in the Wall Street.
U.S. Stock Market set to undergo big correction? Should S&P 500, Nasdaq investors worry? Experts reveal detailsU.S. Stock Market: Investors in an S&P 500 index fund may think they are diversified, but this is mostly an illusion. As RBC Wealth Managem...
US market today: Citigroup targets stronger profitability as CEO Fraser drives overhaulCitigroup unveiled ambitious profitability targets for 2027-2028, aiming for 11-13% adjusted return on tangible common equity, with further...
After IT, Anthropic targets new industries with 10 fresh AI use casesAnthropic Claude AI 10 new enterprise AI tools: AI firm Anthropic is expanding Claude's reach beyond IT with 10 new enterprise plug-ins for...
Royal Bank of Canada new return-to-office policy: 4 days in, 1 day remote starting SeptemberRoyal Bank of Canada will require hybrid employees to work from the office four days a week starting September 2025, emphasizing in-person ...
Market stampede turns favorite defensive trades into danger zoneInvestors may not be fully protected by the rush for defensive assets, experts have warned. The consequent surge in prices for tech stocks ...
Earnings lift European stocks to all-time highs ahead of BoE decisionDanish company Novo Nordisk rose 4.1% after it raised full-year outlook and posted above-forecast quarterly earnings on strong sales and de...
Powell says Fed likely to taper asset purchases 'at the same time'"There really is little support for the idea of tapering MBS earlier than Treasuries. I think we will taper them at the same time," Powell ...
Largest gold ETF highlights bullion traders' confusionGold traders are getting pulled in two different directions.
Royal Bank of Scotland sells Indian private banking business to Sanctum Wealth ManagementWe gave careful consideration in identifying a buyer that would minimise the impact to clients and staff and is committed to building on th...
India saw its millionaires' wealth grow most in 2014Globally in 2014, strong economic and equity market performance helped to create 920,000 new millionaires. The number of HNIs grew to 14.6 ...
Asia-Pacific top wealth market; India, China lead the wayChina and India figure among the key emerging markets that led the rise in Asia-Pacific’s High Net Worth Individual (HNWI) population and w...
Millionaires are turning to 'robo advisors', but only in some parts of the worldAt least among millionaires, robo-advisors are most popular outside the US and Europe, according to the annual Capgemini and RBC Wealth Man...
Number of High Net Worth Individuals and their wealth hits new highsAccording to the report, majority of the millionaires and their wealth is evenly distributed between North America, Europe and Asia-Pacific.
India became home to 1.56 lakh millionaires in 2013: ReportAccording to World Wealth Report 2014, there were 1,56,000 high net worth individuals in India in 2013, while in 2012 the figure stood at 1...
Patni brothers acquire stake in advisory startup Waterfield AdvisorsPatni brothers – Amit and Arihant- have acquired a minority stake in Mumbai-based boutique advisory firm Waterfield Advisors to offer compr...
India recorded 2nd highest growth in HNI population last yearAs many as one million individuals joined the global HNWI population, which reached 12 million, reflecting an increase of 9.2 per cent.
- India out of list of top 12 nations with largest number of HNIs
India is out of the list of top 12 countries with largest HNI population as a significant erosion in equity market in 2011 took a toll on a...
- Berkshire top pick for US millionaires
Members of New York-based Tiger 21 picked Berkshire as their top stock in a survey of preferred investments. Gainers and losers | Investmen...
- Royal Bank of Canada opens its office in Mumbai
RBC, which is Canada’s largest bank in assets and marketcap, has recently doubled its country limit for India and plans to ‘aggressively’ r...