Royal Bank of Canada - Company Profile
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Royal Bank of Canada (RBC) is a provider of banking and related financial services. Adequate capital, non-interest income and market share are a few of its key strengths; even as its increase in non-interest expenses could be considered as causes for concern. Strategic initiatives, growing wealth management prospects, and growing market for payment channels in Canada could offer significant growth opportunities to the bank. However, risks related to online identity theft and hacking, emergence of neobanks and litigation risks affecting financial stability could affect the growth of the bank.
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