Sunday, November 19, 2006

RBC Back on Prowl in US Following Probes

The Globe and Mail, Andrew Willis, 19 November 2006Royal Bank of Canada expects to close its first U.S. retail bank purchase in three years with next month's U$456-million acquisition of Atlanta-based Flag Financial Corp.The long hiatus from deal-making in the United States reflects the bank's move to improve operations at its 270-branch RBC Centura division. But the delay can also be traced to

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