Description: Royal Bank of Canada surpassed profit expectations in the fourth quarter amid a surge in earnings from its trading and investment banking operations that helped mitigate the impact of COVID-19 on the lender’s other branches.

Source: BNNBloomberg.com – video report

Date: Dec 02, 2020

Link: https://www.bnnbloomberg.ca/rbc-beats-q4-expectations-as-capital-markets-profit-soars-44-1.1530562

Questions for discussion:

• Summarize the highlights presented in the report.
• Where are the primary concerns going forward?
• Would you advise investors to buy today?