Canada designates OBSI as single body for banking complaints [Wealth Professional (Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
rbc.com/investorrelations/index.html
Company Research
Source: Wealth Professional
As of November 1, the Ombudsman for Banking Services, and Investments (OBSI) has assumed its new role as the single external complaints body (ECB) for federally regulated banks in Canada. This shift, initiated by Finance Minister Chrystia Freeland in October 2023 and based on the Financial Consumer Agency of Canada's (FCAC) recommendation, consolidates banking complaints under one independent organization. The aim is to simplify the complaints process for consumers who previously had to navigate a two-body system. The move to designate OBSI as the sole ECB comes after findings from FCAC's 2020 report on the operations of external complaints bodies. The report highlighted consumer challenges, such as delays and procedural issues, when escalating complaints. Before OBSI's sole designation, banks could choose between OBSI and the ADR Chambers Banking Ombuds Office (ADRBO) to handle complaints. Under the new mandate, all federally regulated banks are now required to work with OBS
Show less
Read more
Impact Snapshot
Event Time:
RY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RY alerts
High impacting Royal Bank Of Canada news events
Weekly update
A roundup of the hottest topics
RY
News
- My Royal Bank stock has doubled. Should I take some profits, or let it ride? [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- How to Invest Your $7,000 TFSA Contribution in 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Got $1,000? The 3 Best Canadian Stocks to Buy Right Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- Royal Bank of Canada (NYSE: RY) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating.MarketBeat
- One-Year Grant Milestone Marks Actionable Progress in Physician Burnout Research [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
RY
Earnings
- 8/28/24 - Beat
RY
Sec Filings
- 11/22/24 - Form 424B2
- 11/22/24 - Form 424B2
- 11/22/24 - Form 424B2
- RY's page on the SEC website