Royal Bank Looking to Buy Assets in U.S., Europe, Globe Says
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Royal Bank of Canada hopes to make acquisitions in Europe and the U.S. if banks there are forced to sell assets to raise capital, the Globe and Mail reported.
The Toronto-based bank has held talks with several financial institutions in the past few months to find out what may be coming up for sale, the newspaper said today, citing an interview with George Lewis, the bank’s head of wealth management.