Best & Worst Performing Sectors of 2022
The Canadian Investor
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Royal Bank's CT1 Ratio Trending Down to 12.6%
The net interest margin was 1.56%, which is a key metric for the banks. Wealth management was a 47% to 822 million year over year, and insurance was flat at 268 million. Capital market segment was down 33%. It's normal to see that downward trend year over year. The last thing I'll mention for Royal Bank is their CT1 ratio has been trending down to 12.6%.
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