Last week Bank Guru asked a great question on Twitter, which was “What makes your banking experience memorable or not so memorable?”. I find that the level of service you receive from bank employees is what makes the experience memorable. For the most part, you expect a certain level, if you were to receive anything

With the recent sale of RBC Bank, it has many of their clients questioning what will happen to their services with them. What makes this situation difficult is the fact that there are plenty of Canadians who bank with RBC Bank USA and RBC Canada due to the fact that they offer a cross border

Just over a month ago, news began to spread concerning Royal Bank of Canada’s (RBC) U.S. operations, otherwise known as RBC Bank was potentially being sold off. For many people this was not a surprising outcome for RBC Bank , as there were numerous problems in its operations. It was expected that RBC Bank would

I came across a very interesting article on the Financial Post today, which revealed that the Royal Bank of Canada (RBC) is getting ready to sell its struggling U.S. retail banking operations. There have been a string of losses from exposure to the residential real estate market, which has become a problem for RBC Bank,

Five of Canada’s major banks have reduced their mortgage rates by one tenth of a percentage point. The popular five year closed mortgage rate will not sit at 5.49% annually at the Royal Bank of Canada (RBC), Bank of Montreal (BMO), Scotiabank, Canadian Imperial Bank of Commerce (CIBC) and National Bank of Canada (NBC). RBC

This is a big day for the BankNerd’s Knowing Your Banks Series, as today’s conclusion will be the last bank in the “Big Six”. I will be talking about the Royal Bank of Canada or more commonly known as RBC. RBC is the largest financial institution in Canada, measured by deposits, revenues and market capitalization.

Canada’s largest banks are raising their mortgage rates at a time when the bond market is concerned about the risk and the longer term threat of inflation.Bank of Montreal (BMO), Toronto Dominion Bank (TD), Royal Bank of Canada (RBC), Bank of Nova Scotia and Canadian Imperial Bank of Canada (CIBC) are all increasing their posted