March 27 (Reuters) - Royal Bank of Canada CEO
Dave McKay on Thursday underscored the role of artificial
intelligence in fueling the top Canadian lender's next phase of
growth.
"We have an ambition to deliver more value and personalized
experiences... and become more cost-efficient while doing so," he
said at the bank's first investor day in seven years.
The lender will also look to increase share across all
businesses in Canada, while growing fee-paying businesses such
as capital markets and wealth management.
However, uncertainties caused by tariffs could slow some of
the bank's momentum, McKay said.
"Commercial client sentiment has weakened as companies in
some sectors are deferring investments until they have greater
certainty on tariff impacts to their businesses," he said.