Moody's Boosts Rating on RBC Centura

Triangle Business Journal, Lee Weisbecker, 18 August 2006Saying it expects further gains in profitability, New York-Based Moody's Investors Service has raised its rating on RBC Centura Bank to stable from negative.The rating covers both the bank's $623 million in subordinated debt and $12 billion in deposits.In a July 27 note, Gregory W. Bauer, Moody's managing director for financial institutions