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RBC increases tech investment in Q4

The bank saw a 5% YoY increase in active digital users to 8.4M

Brian StonebyBrian Stone
December 1, 2022
in All Posts
Reading Time: 4 mins read
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Royal Bank of Canada’s (RBC) fourth-quarter expenses were up year over year, driven by its focus on digitalization and growth in digital usership.  WHY IT MATTERS: The $1.4 trillion USD bank attributed the rise in expenses to “[investing] in the business around our application development, our technology costs and providing for our clients,” RBC Chief […]

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Tags: digital transformationearningsPremiumRoyal Bank of Canada (RBC)
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