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Sookoo steps down at RBC

From Trinidad Express Newspapers Banking group RBC yesterday announced that its chief executive, RBC Caribbean Banking, Suresh Sookoo is retiring, effective October 31. Sookoo, a career banker for more than 35 years, has led RBC’s Caribbean operations since 2008, when…

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RBC donates $10,000 to Cayman charities

RBC employees from across the Cayman Islands recently volunteered their time for 10 projects at six local organisations in support of RBC’s Day of Service Grants Programme. The Day of Service Grants Programme is a global initiative undertaken by RBC…

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Bank honours humanitarians/Trinidad creates 30,000 new jobs

RBC honours nominees in the Humanitarian category From Bahama Islands Info RBC Royal Bank, sponsor of the second annual 2014 Bahamian Icon Awards NASSAU, Bahamas – RBC Royal Bank, sponsor of the Second Annual Bahamian Icon Awards, will be presenting…

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RBC employees help raise awareness about domestic violence

From Bahama Islands Info NASSAU, Bahamas — RBC staff recently joined in the fight to break the silence of domestic violence by partnering with The Bahamas Crisis Centre. Volunteers from throughout the island participated in the Crisis Centre Annual Silent…

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How the Caribbean is not so sunny anymore for Canadian banks

By John Greenwood From Financial Post TORONTO • Canada’s big banks have a strong presence and a track record of profits in the Caribbean, but during the past few years the region’s economy has taken a nose dive — and…

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CDB optimistic for 2014 reports RBC

RBC Caribbean Economic Report Frosty Weather Contributes to Market Jitters Given that US consumer confidence declined to 78.1 in February 2014, down from 79.4 in January, it can be argued that the polar vortex may have had a role to…

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CEO denies claim of RBC’s buyout

From Trinidad Express British banking giant HSBC recently laid out its intention to buy out RBC Royal Bank—a subsidiary of RBC Financial (Caribbean)—now owned by RBC, Canada’s largest and most profitable bank. Senior banking sources within RBC Royal Bank told…

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Trinidad union warns of further RBC Royal Bank job losses

From Caribbean360 Last month, RBC announced that it had entered into a definitive agreement to sell RBC Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited to Sagicor Group Jamaica Limited. PORT-OF-SPAIN, Trinidad, Tuesday February 4, 2014, CMC – The…