Royal builds on its strong U.S. base

Royal Bank’s shares have gained 35% since the bank’s 2015 acquisition of California-based City National Bank. Thanks to that purchase, Royal is now the 7th-largest full-service wealth management firm in the U.S.
City National also gives the bank a strong platform to further expand its U.S…. Read More

Pat: Would you please comment on Blackstone Group (BX)? Thank you.

Blackstone Group LP, $26.06, symbol BX on New York (Shares outstanding: 558.4 million; Market cap: $16.0 billion; www.blackstone.com), is a global alternative asset manager and provider of financial advisory services.

The company’s alternative asset management businesses include managing corporate private equity funds, real estate opportunity… Read More