RBC Finance Chief Says U.S. Mid-Market Push Is Beating Forecasts

rbc finance chief says u s mid market push is beating forecasts

Sumary of RBC Finance Chief Says U.S. Mid-Market Push Is Beating Forecasts:

  • Article content (Bloomberg) — Royal Bank of Canada Chief Financial Officer Rod Bolger said the lender’s push to expand its business with mid-tier U.S. companies is exceeding its expectations.
  • The strategy, which primarily targets private companies with revenue of less than $5 billion, fills a gap between City National’s wealthy clients and the large enterprises handled by RBC Capital Markets, Bolger said Wednesday at a Barclays Plc conference.

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