It has been reported that the Royal Bank of Canada (RY) had a profit in the economic second quarter, projecting good outcomes across a large amount industries. Though, core cash income fell short of prospects.

It was recently told by the police that they investigated into the explosive fire at a Royal Bank in Ottawa on Tuesday. They added that they would not be discussing it online.

It was claimed that the blaze was the purposeful act by an anti-establishment group.

The recently conducted survey by the Royal Bank has revealed that many Canadians believe that the national economy will deteriorate over the next 12 months.

Millions of Canadians, accounting to nearly 65 per cent of the population, face a tough time because of money troubles, reveals the Royal Bank of Canada's Canadian consumer outlook index, released Thursday.

In view of the profits of almost $1.5 billion witnessed by the Royal Bank of Canada in its fourth quarter, the shareholders shot a series of grilling questions at the bank's top executives and directors at the bank's general annual meeting.

Recent surveys conducted by the Royal Bank of Canada show that Canadian Consumer Outlook Index increased to 109 from 106 in January indicating that Canadians are becoming more confident about the state of the economy excluding Ontario and Atlantic Canada, where job unease have amplified since January.

As confirmed by the country's largest lender with regards to assets, the Royal Bank of Canada recorded a 10% in the fourth quarter earnings, on the back of hiked earnings from consumer lending and strict money management.