RBC : Problems at Centura Largely Behind It

Financial Post, Wojtek Dabrowski, 7 January 2006For the past two years, Gord Nixon, Royal Bank of Canada's chief executive, has had to contend with nagging criticism about the bank's performance in the United States. RBC Centura, the regional southeastern U.S. bank that Royal bought in 2001, was hardly living up to expectations.Even though a relatively small piece of Royal's overall business, the