RBC

borrowedbook1

Think 28th all we got unfortunately. My broker still laughs at me everytime Ivtalk to him. He sent me a bunch of RBC bank research today. Haven't had time to review. FWIW RBC still loves Truist

animositisomina35

FOMC predictions: BARCLAYS 0 BPS CREDIT SUISSE 0 BPS GOLDMAN SACHS 0 BPS BMO 25 BPS CIBC 25 BPS CITI 25 BPS JP MORGAN 25 BPS MORGAN STANLEY 25 BPS RBC 25 BPS WSJ - Nicki the leak - 50/50 on any action.

borrowedbook1

Just rolled my house money into a 3 month CD. Over 5%. My broker asked me if I cared about splitting to make the max 250k. I said I didn't care. Interesting thing is the bank with the CD wouldn't allow me MORE than 250k. So I ended up splitting anyway. There is some kinda clue here. I can't figure out what tho. Anyway. 5% risk free. I have a raging blue veiner! FWIW RBC is now expecting a 25 tomorrow. They were at pause.

VisualMod

>RBC'S CROFT SEES OPEC INTERVENING IF OIL DROPS SUBSTANTIALLY ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-03-21 ^06:26:20 ^EDT-0400

girdphil

RBC is the biggest most diversified. Laurentian if you force me to choose one.

Spandexcelly

You'd rather see RBC i'm guessing?

Underachiever_Me

HSBC canada is already been bought by RBC...another down

WarrenPuff_It

Canada has way more than 6 banks, we just have a cabal of 6 large banks who are amongst some of the most stable and safe banks in the world. RBC is Canada's crown jewel of banks, with TD huffing their butt hoping to draft in the wake of their momentum.

Siraf

🤖 Based on the general observations provided earlier and historical information available up to September 2021, here is a list of 10 banks that may have similar strategies or behaviors. Keep in mind that this list is not exhaustive, and the actual vulnerability of these banks during a high-interest-rate period would depend on various factors, including their specific portfolios and risk management strategies at that time. - Wells Fargo: The bank has faced multiple scandals and regulatory issues in the past and has a significant exposure to the real estate market. - Deutsche Bank: The bank has been involved in various controversies and has a history of risk management issues. - Commerzbank: Another German bank with exposure to real estate and a history of struggling with regulatory issues. - Banco Santander: This Spanish bank has a significant exposure to the real estate market, particularly in Spain and Latin America. - UBS: A Swiss bank with a history of risk management issues and exposure to the real estate market. - Royal Bank of Scotland (RBS): RBS has a significant exposure to real estate and has faced various controversies in the past. - Citigroup: The bank has exposure to real estate and has faced regulatory issues in the past. - Barclays: The British bank has a history of regulatory issues and a significant exposure to the real estate market. - SoftBank Group Corp.: While not a traditional bank, SoftBank is a major investor in technology start-ups and high-growth companies, making it vulnerable to fluctuations in these sectors. - Bank of America: This bank has a significant exposure to real estate and has faced regulatory issues in the past. - UniCredit: An Italian bank with exposure to real estate and a history of regulatory issues. - Credit Agricole: A French bank with exposure to the real estate market and some history of risk management challenges. - Societe Generale: Another French bank with exposure to real estate and past risk management issues. - CaixaBank: A Spanish bank with significant exposure to the real estate market, particularly in Spain. - ING Group: A Dutch bank with exposure to real estate and a history of regulatory issues. - Royal Bank of Canada (RBC): A Canadian bank with exposure to the real estate market, particularly in Canada. - BNP Paribas: A French bank with significant exposure to the real estate market and some history of risk management challenges. - Mizuho Financial Group: A Japanese bank with exposure to real estate and a history of regulatory issues. - Sumitomo Mitsui Financial Group: Another Japanese bank with exposure to real estate and a history of risk management challenges. - Goldman Sachs: An American bank with some exposure to high-growth sectors and a history of regulatory issues. - Morgan Stanley: Another American bank with exposure to high-growth sectors and a history of regulatory issues. - Lloyds Banking Group: A British bank with significant exposure to the real estate market and some history of risk management challenges. - Nordea Bank: A Nordic financial services group with exposure to the real estate market, particularly in the Scandinavian region, and a history of regulatory issues. - Standard Chartered: A British bank with exposure to real estate markets, especially in Asia and emerging markets, which could make it vulnerable to fluctuations in these sectors. - BBVA (Banco Bilbao Vizcaya Argentaria): A Spanish bank with significant exposure to the real estate market, particularly in Spain and Latin America, and some history of risk management challenges. - NatWest Group (formerly Royal Bank of Scotland Group): A British bank with significant exposure to the real estate market and a history of risk management issues and regulatory controversies.

stevephamle

You literally answer your own question, RBC would not be in SEC, look for it in SEDAR.

RaddledBanana204

Why is BMO on there but not RBC lol Canadian here

the_sound_of_a_cork

Guys here me out: UBS buys Credit Suisse Morgan Stanley buys UBS RBC buys Morgan Stanley Deutsche Bank buys RBC Wells Fargo Buys Deutsch Bank Citi buys Wells Fargo HSBC buys Citi Bank of America buys HSBC Fed buys Bank of America

ganzarian

Why is BMO there and not RBC?

Nebilungen

How'd BMO make it on this list and not the other Canadian banks heavy In US exposure...like RBC and TD

Green_Manalishi_420

Perhaps RBC, being Canadian and traded in Canada, doesn’t need to file a 10K with the SEC…

fibronacci

Is RBC in the bonus round?

insiderdrift

I've looked for something similar and never had any luck. Many companies don't even expose an API that could be used by such software and the ones that do don't have any consistency. RBC has a developer portal but I don't see any trading API listed. Same with BMO, they don't seem to have a trading API. I'm a developer who was trying to do something similar for US retail accounts so I've done a lot of research lately with no luck.

Ontario0000

The one expanding to other countries is mostly TD bank.RBC is the biggest bank in Canada but they usually within our borders.

cheekycherokee

There’s really only 5. RBC, TD, BMO, Scotiabank, CIBC.

doumination

Canadian here, our banks are safer than those in the US. You guys can get a 30 year term loan, fix rate. Our terms are on average 5 years and most Canadians have variable loans. That said, RY (RBC) is my pick if I had to chose one.

JoeYo743

We have 5 big banks basically the rest dont mean nothing RBC Royal Bank of Canada TD Toronto-Dominion (The People's Bank) CIBC (Canadian Imperial Bank of Commerce) ScotiaBank (Scottish Roots) BMO Bank of Montreal (French Roots)

soleil666

HSBC canada, was bought by RBC like a month ago

et4tango

Yes, RBC

S_204

I don't get why Canadian Banks are getting hit. TD is down. RBC is down too and that one's pretty darn safe. They're sitting on the cash to get in on some of the smaller bank buys we're about to see. The industry on whole just seems to be shaky right now. I'm seriously debating throwing a bunch of cash at RBC, it's risk of going under is essentially nil and it's going to stay a top 5 bank regardless of any uncertainty.

Key-Distribution698

HSBC Canada was a foreign subsidiary. Their base of operation is in HK. I believe it's canadian operation was bought out by RBC this year

FTRFNK

Lol Jesus the misinformation and lack of understanding is exacerbating this all 10 fold. Being online sucks when you need to trudge through stupid fear and misinformation at tines like this. Canadian banks are more akin to banks like JPM, Citi, and other big banks in US. There are no "small regionals" unless you mean credit unions which are a completely different story. The US is a shit show of like 5000 different banking entities. Canada has like 5, 6? Do you think 5 or 6 banks that have e the entire capital of the country and heavy government regulation are similar to a bank with 10 branches in the state of Ohio? On a liquidity level (which is the entire issue) do you really believe TD or Scotia or RBC can experience a bank run in canada? There are plenty of worries about Canada and potential problems, particularly in real estate and those loans if it comes crashing down, but again that's a completely different ballgame. If you're worried take the time to understand what the curre t problems are, and ask yourself, is there an analog to this in canada? The bonds don't matter, they will get full value if they hold them. It's not a loss unless you're forced to sell (by a bank run in this case).

PATRIOTSRADIOSIGNALS

If TD and/or RBC managed to fail it would mean our whole country has gone tits-up. I may not have much faith in our government but they haven't made it to this level of austerity yet.

bigcig

let's say book value is a legit $75/share, in what world does another come in to purchase/save the troubled bank at a higher valuation? RBC wanted to buy you for $120/share back when the global financial system wasn't publicly walking on eggshells? that's cool, probably should have done that deal back then. games changed.

bigcig

>They may be trying to negotiate a higher premium if they were looking for a buyer considering RBC was offering $120/share not too long ago. this is a supercult/ towelie stock level amount of copium in one sentence.

upsidevalue

First Republic is probably a long term hold. The fact they are weighing several options is much better than only looking at selling. Book value is around $75 a share. They may be trying to negotiate a higher premium if they were looking for a buyer considering RBC was offering $120/share not too long ago. Other than that, if the board decides to not do it, that to me also speaks volume in terms of their prognosis long term. Tl;dr: Diamond-hand this mother fucker.

dollar-printer

Supposedly RBC has approached them for a merger before when FRC was north of $150/s

rekdizzle

So RBC, PNC, and US Bank are potentially interested in buying out FRC? Why is it tanking?!

GardenofGandaIf

RBC been trying to buy for years: https://www.bizjournals.com/sanfrancisco/news/2023/03/15/first-republic-bank-rbc-pnc-us-bank-frc.html

GardenofGandaIf

I think I read RBC has been trying to buy them for years

borrowedbook1

Meaningless error. I have a ton of META shares in my managed account. My buddy who manages it (RBC) doesn't do puts. But his job is to devirsify both my money and my strategy. Guy is doing me a great job. I am killing his performance tho!

BangBong_theRealOne

TD and RBC have a huge US business. While CIBC and Scotiabank are firmly ensconced in the bubble of Canadian real estate which can pop anytime. Which of them do you think is safer. These banks will be in the same if not even a messier shit if this problem becomes widespread. You do not have the backing of the USD and you have to rely on Turd'o to fix these issues.

mazarax

Do Canadians need to do this? I am with RBC Direct Investing.

NEOsands

Woke up this morning, poured some coffee, checked stocktwits, saw massive red on some bank I’ve never heard of (western alliance), looked at chart, spit coffee out with extreme force, opened RBC, purchased WAL, now I’m sitting here wondering how I just became a long term investor of a bank I never knew existed.

braneysbuzzwagon

Interest in SVB cools. Source (Investing.com): [Exclusive-PNC, RBC interest in SVB cools as regulators seek rescue bids By Reuters (investing.com)](https://www.investing.com/news/stock-market-news/exclusivepnc-rbc-interest-in-svb-cools-as-regulators-seek-rescue-bids--sources-3028355)

SecuritySavant

Easily the best work in my time here. There’s a big piece missing: SVB is 1 of the few US banks w a charter to serve the tech industry. This is the sole reason SVB was the envy of Wall St for decades. What will happen if SVB is bought? It’ll likely lose its charter ala City National after RBC’s buyout. Likely outcome, USGov steps in bc the best reason to buy SVB will go away.

Spiritual_Bedroom_83

Interesting. Canadian banks (esp. BMO) has always been on my radar. Any thoughts on why TD/RBC over BMO?

biglabs

I bought some TD and RBC today - will buy more if they draw back further

Rare-ish_Bird

I listened to two separate US regional banks reiterate their full year guidance at the RBC conference yesterday and both stocks have dumped \~10% over the past three days. Imma hold my nose and back up the F150.

ElleRisalo

Lots of card companies offer balance transfers at much lower interest as well as other perks. I get 2 or 3 offers a year from my TD account to take on balance transfers of other debt, so when I do I'll transfer all the debt from my RBC accounts to them at a measly 3 to 4% vs the 18.9 I have with RBC. RBC offers me cash back when I pay down my balance, free money. Less interest. RBC also does balance transfers, so when they do, I transfer my TD back to RBC, TD also offers me cash back whe I pay down my balamce free money. BMO does this Scotia does this....pretty much all the major banks in Canada do. I've been punting the same 10K in credit card debt around for 5 years and have made about 8K on Cash Back incentives as well as piles of other things like hundreds of thousands of aeroplan/airmiles points. All my CC debt pretty much somewhere between 3 and 4% too.

Glad_Screen_4063

boc says they will pause but who knows. i spoke to a mortgage specialist today and he said RBC is hiking rates again. when push comes to shove, boc will follow the fed.

mars_coltrane

This is why I consider all mso investments private. For now. I’m Canadian so I go through RBC. It’s too easy. When I read about how hard it is for some I’m super confused. It was so easy for me they’d allow my kid to trade it lol. Wild

DieselAndPucks

There's only one single lender in Canada that does 25 years fixed mortgage(we don't have the 30y here it tops at 25), RBC and they're at 9.75% interest. The most popular options are 3 or 5 years fixed(currently around 5.7%) and then you have to renew your mortgage once the 5 years are up at the new rates. So people who signed around 2% in 2020 and took a 3 years fixed mortgage are currently renewing at 4% higher rates than what they were paying.

misterpoopydick

Shorting Canada. Down with RBC. 5 $90p 1/19/24exp

sNeKbIt99

" Prices for lithium raw material spodumene have hit five-month lows. **RBC Capital Markets sees spodumene prices, last at $5,800, slumping to an average of $4,275 a tonne in 2024**. "The decrease in spodumene prices has been quicker than what we anticipated," said RBC analyst Kaan Peker."

alter3d

>In Canada, the longest term for our mortgages are generally 5 years. 5 year terms are typical but they're by no means the longest term available. 7 and 10 year terms are readily available -- I expected interest rates to shoot up so I did an early renewal at the end of 2021 to a 10-year term. At least one major bank (RBC) offers 25 year terms -- it's on their website.

IncomeFundManager

I’m no longer a licensed financial advisor but I used to work a lot with people in your position and my response was to always sell most/all of vested shares and move it into index funds or an actively managed fund that fit their goals One guy had his entire net worth (minus House) in RBC stock since he had worked there for almost 40 years. I asked him if he had $5m cash today and no positions would he drop the entire amount on one bank stock? He sold😏

quarantino123

I’ve been using IB for the past few months - their pricing for options is a luxury (switched over from Questrade where i was paying flat 10usd to open and close a position =20 usd + $1/ contract). I think the banks like TD and RBC charge less commissions than questrade, but they’re still way higher than IB

patman_007

And these are accounts for retailers? Not licensed producers? I was told no by TD, RBC, CIBC and BMO for sure.

snowfox2012

It's fucking RBC and their upgrade. Stock go up so they upgrade at which point it naturally proceeds to dumb

daemonpenguin

I don't know if other banks do this, but RBC will set you set up a pretend investing account. they basically give you $100,000 of pretend money and let you put in trade orders. Then you can check back and see how well your purchases would have done had they been real.

awtivy

RBC direct investing

Zachjsrf

Estimates for today BARCLAYS 25BPS BMO 25BPS BLOOMBERG 25BPS CREDIT SUISSE 25BPS CIBC 25BPS CITI 25BPS GOLDMAN SACHS 25BPS GURGAVIN CAPITAL 25BPS HSBC 25BPS JP MORGAN 25BPS NOMURA 25BPS RBC 25BPS WELLS FARGO 25BPS PIPER SANDLER 50BPS MEDIAN 25BPS Piper Sandler going for the Gold on this one.

ListerineInMyPeehole

BARCLAYS 25BPS BMO 25BPS BLOOMBERG 25BPS CREDIT SUISSE 25BPS CIBC 25BPS CITI 25BPS GOLDMAN SACHS 25BPS GURGAVIN CAPITAL 25BPS HSBC 25BPS JP MORGAN 25BPS NOMURA 25BPS RBC 25BPS WELLS FARGO 25BPS ​ **PIPER SANDLER 50BPS**

SamsquatchWildman

I also own it through questrade and in my margin account with RBC

anonpurple

I would recommend putting like 20 K between banks like scoiabank and RBC. Maybe something related to utilities as well I have a lot in hellofresh

Crow87rr

What do you guys thinks about the Canadian Bank Stocks? I find them over priced, especially RBC.

Quiet_Foundation6218

RBC positive comments $PINS $SNAP $META ​ $PINS could be up 2 bucks on this by end of day

yoyo248

$MSFT $AMZN RBC Microsoft Q2 revenue is expected to rise 2.5% to $53B, the slowest increase in six years. Azure is set to grow 31% in the December quarter. Amazon Q4 revenue is expected to rise 5.8% to $145.40B. AWS is expected to post a 24% increase in sales in the qtr.

TJMBeav

I still think the bottom is not in. RBC cane out with 23 estimated SPY earnings of $199. If you put a 15 multiple on that (very reasonable) gives you SPY 300. The impact on corp borrowing costs has yet to work thru system but it will come and be a hammer. Especially for high debt and zombie companies. M2 is rolling off at an historic pace. Actually dropping precipitously. The real economy never reached the same level of employed people as pre pandemic and the number of actual workers HAS turned negative again. Congress is also a mess. Bottom line? I see zero bullish catalysts on the horizon. Only reason the FED would cut rates is a recession. If we get a recession, SPY goes to 300ish.

PersonaTerre

Couldn’t you just open a second (cash) account with TD? You’re already familiar with the platform. Agree about IBKR… low commissions and very professional. Good education, and polite responses to inquiries. But they don’t hold your hand. As this is a penny stock sub , you should be aware of a big swath of Canadian pennies that aren’t tradable on IBKR: https://www.interactivebrokers.com/lib/cstools/faq/#/content/30125910 Annoying. For those, I use RBC.

Y1OG4

When I place an order on RBC, it deducts unfilled orders and shows the remaining cash on the order page. When I used qt, I had to track that myself. Perhaps, because I always had RBC, I never became skilled with qt.

TJMBeav

RBC's just as good as Morgans. But I aint sharing that.

Y1OG4

I closed my account at questrade because they required a margin account and I don't want to use borrowed funds. They made it difficult to tell how much was in my account and how much was margin. Their fees change based on the stock you trade. Exchanging funds takes a day. Moving money into the account takes more than a day. I use rbc but it's $10 per trade unless I hit a minimum that I don't reach. For US stocks, it's $10USD. I don't know what their minimum investment is. The RBC platform is shit.

pizzarolia

Probably nothing still because RBC can’t get their shit together. Lost money today because of “technical difficulties”

Enrick_OG

IBKR sucks for pennies. The per share fee gets pricy when youre buying so many pennies. That on top of the missing stocks per the above post, its no good. I use RBC direct investing for my pennies. Works well for me. Access to everything. Only downside is the 10 dollar transaction fee. But comes out being cheaper than IBKR

PersonaTerre

I haven’t found any stock I couldn’t trade using RBC’s Direct Investing, including small-cap CSE; which I cannot trade on IBKR

c0d3r1

Also Questrade allows pre & post market hours from 7am - 8pm, Wealthsimple is very limited in this case even RBC Direct Investing doesn't allow extended hours, it comes in pretty handy during volatile market

cgriffin29

Anyone familiar with RBC InvestEase? Is it worth it?

TJMBeav

I'm not in the market for buying. If I was I would work with a bond guy at RBC. I'm going based on some talking heads on CNBC and Bloomberg I respect. Plus a couple of RBC research briefs.

TJMBeav

This chick from RBC claims puts didn't pay last year. LMAO....you tegards are so bad you skewed the entire put market! How in the hell could you lose money on puts in 22? Oh yeah. Shirt dated. 

gamefixated

>That's because IBKR makes money on order flow but RBC, BMO, TD etc do not. That's inaccurate at best. PFOF is illegal in Canada and hence no Lite accounts here. Any rebates from exchanges or dark pools are passed to the investor.

m1nhuh

Yup. That's because IBKR makes money on order flow but RBC, BMO, TD etc do not. I tell people to move to IBKR as well. Although I'm guilty, I'm with iTrade haha.

Deflatulence

This is the way. A buy-write (buy stock and sell ITM call) is similar to a CSP. One big difference specific to RBC DI is that there's a $45 commission for having the stock called away. With a CSP that expires OTM you just keep your premium but you pay an extra $45 with RBC DI buy-write for the same scenario.

lubesta

Switch to IBKR RBC DI is for buy and hold and nothing else.

TK-741

Get out of my RBC account you fuck

Shagga_Dagga

Fuck you doing with RBC DI? Get IBKR.

RichieWOP

They do what’s called a secondary offering, where basically a large shareholder lets other shareholders, major institutions, family offices etc get access to their shares - often at a slight discount to the market, but off the exchange the shares are traded. Here is a recent example of this happening, where the largest shareholder of the Canadian company Spin Master, needed to offload a large position. RBC and TD bank did it in the form of a bought deal and took a commission on it. [Press release here](https://www.newswire.ca/news-releases/spin-master-announces-secondary-offering-of-approximately-c-61-million-828085364.html)

Peppa-Piggie

RBC?

Lochtide17

Hi fellow RBC user! I just bought my first call ten minutes ago to try and learn how they work. Only bought two contracts of BBBY for the lulz.

20MinuteAdventure69

Is this RBC?

davidonline2020

Idk what that means but this is from my RBC app

elizabethSharoncGU

Deutsche and RBC's forecasts for SPX's PE ratio in 2023 and 2022 are both > 20.