Royal Bank taking $855M hit in writedowns

Business | 206427 hits | May 14 8:03 am | Posted by: WDHIII

TORONTO -- Royal Bank of Canada disclosed Wednesday that its results for the February-April quarter will be hit by $855 million in writedowns "relating to market conditions.''

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WDHIII Wed May 14, 2008 7:09 am
kitty Wed May 14, 2008 8:28 am

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