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Govt taking aggressive action to address lingering challenges, says RBC executive
Royal Bank of Canada's (RBC) Head of Caribbean Banking Rob Johnston said RBC understands that the government has to take an "aggressive" approach to address its fiscal situation. "Like most participants we are going to share in the implications of the budget," said Johnston during [...]
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Mom of disabled child admits stealing 3K from RBC
Mom of disabled child admits stealing 3K from RBC
The mother of a paralyzed child was yesterday ordered to perform 100 hours of community service in addition to repaying stolen cash. Lakeisha Gardiner, 38, of Eneas Jumper Corner, admitted to stealing $3,000 from the Royal Bank of Canada between May 4 and 7 at [...]
The post Mom of disabled child admits stealing $3K from RBC appeared first on The Nassau Guardian.
RBC opens client advice center
RBC opens client advice center
Royal Bank of Canada (RBC) has created 18 jobs with the opening of its new client advice center, brought to these shores because The Bahamas continues to be one of the Canadian bank's most important regional markets, according to RBC's Head of Caribbean Banking Rob [...]
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RBC experiencing zero delinquencies in its corporate loan portfolio
The Royal Bank of Canada (RBC) is experiencing zero delinquencies in its corporate loan portfolio, Rob Johnston, head of RBC's Caribbean banking, said Friday. He added that the bank could be looking at shedding some of its bad debt, especially from its Finance Corporation of [...]
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Employee pleads guilty to stealing 61,000 from RBC
Employee pleads guilty to stealing 61,000 from RBC
A 36-year-old Royal Bank of Canada employee was on Friday ordered to pay $13,000 in fines by the end of the day for stealing $61,000 from his employer late last year otherwise face two years in prison.
RBC FINCO's net income up 89.2 percent
RBC FINCO's net income up 89.2 percent
RBC FINCO saw a net income increase of 89.2 percent last year, according to the company's annual report. It's executives are now looking to increase the company's mortgage portfolio in 2018 after low mortgage growth in 2017 and a continuing non-performing loan portfolio. Royal Bank [...]
RBC executive retires after blasting education of nation
TIM Rider, the Royal Bank of Canada executive who faced backlash from Bahamians after lambasting the educational standards of the country, yesterday announced his intention to retire from the institution.RBC's senior vice-president of sales' decision
Davis complained to RBC head over Rider's 'insults'
Davis complained to RBC head over Rider's 'insults'
Opposition Leader Philip Brave Davis wrote to President and CEO of Royal Bank of Canada David McKay to officially register his "utter surprise" at recent comments made by Tim Rider, RBC's Caribbean senior vice president for sales, at the recent Royal Fidelity Economic Outlook Conference. [...]
Outspoken RBC executive Tim Rider retiring
Outspoken RBC executive Tim Rider retiring
Outspoken Senior Vice President for Sales in Royal Bank of Canada's (RBC) Caribbean arm Tim Rider, whose criticism that corruption, poor fiscal responsibility, outdated and detrimental mortgage and lending laws, and inadequate education and training regimes in The Bahamas have had adverse consequences for the [...]
Four charged with defrauding?RBC of 26,000
Four charged with defrauding?RBC of 26,000
THREE men and a woman were arraigned in a Magistrate's Court yesterday charged with collectively defrauding several persons and/or entities of over $27,000 in just over a month. Kaisprintina Munnings, Jamaris King, Duran Mackey and Chrispen Johnson