(Reuters) -Royal Bank of Canada reported a rise in third-quarter profit on Wednesday, as the country's largest lender benefited from the acquisition of HSBC Canada and robust performance in its capital markets business. The inclusion of HSBC Canada's results boosted net income by C$239 million, RBC said. Dealmaking activity is on a resurgence as expectations of a soft landing have...

06:37 AM EDT, 08/28/2024 (MT Newswires) -- Li Auto's ( LI ) second-quarter earnings fell year over year while the Chinese automaker's revenue rose amid higher vehicle deliveries. The company posted adjusted earnings of 1.42 renminbi ($0.20) per American depositary share for the June quarter, down from 2.58 renminbi a year ago, it said early Wednesday. Four analysts polled by...

06:36 AM EDT, 08/28/2024 (MT Newswires) -- Royal Bank of Canada ( RY ) (RY on TSX and NYSE), trading near 52 week highs in both Canada and the United States, on Wednesday reported improved third quarter earnings, boosted by inclusion of HSBC Bank Canada results. The bank reported net income of $4.5 billion for the quarter ended July 31,...

(Reuters) - National Bank of Canada reported a higher third-quarter profit on Wednesday, helped by strong performance in its wealth management and financial markets units. The Canadian central bank's interest rate cuts for two straight months, in June and July, have boosted trading and wealth management activities for the country's lenders. National Bank of Canada's upbeat results come in contrast...