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RBC’s international wealth management business posts Q1 revenue rebound

RBC Wealth Management recovered revenues in the first quarter of 2018 but continues to shed client assets, according to the lender’s first financial report of the year. The Canadian bank’s international wealth management business, which encompasses Asia, the UK and the Channel Islands, reported a 10.6% increase in revenue QoQ from C$85 million to C$94 million. At the same time,…

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