Millennials – The Forgotten Victims Of The Subprime Crisis [Yahoo! Finance]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: Yahoo! Finance
Data from Statistics Canada reveals a 6.48% decline in millennial household wealth over the past year, bringing the average net worth to $493,423. Meanwhile, Generation X, baby boomers and pre-1946 households experienced wealth growth, reaching $1.5 million, $1.4 million and $528,600 respectively. Millennials were the only generation to experience a decline in financial assets, falling 0.27% year over year to $241,958 per household. In contrast, overall household financial assets increased by 5.32%. A primary driver of the millennial wealth gap is the significant decline in real estate assets. Millennials' real estate holdings plummeted nearly 9%, while the broader market experienced a 2% decrease. Don't Miss: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things. Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is trans
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News
- Royal Bank of Canada (NYSE: RY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- 5 Carbon Dioxide Removal Developments That Defined 2024 [Forbes]Forbes
- Any way you slice it, 2024 was a blowout year for diversified investors: Jackson [BNN Bloomberg (Canada)]BNN Bloomberg
- How serial fraudster Arash Missaghi evaded justice for decades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Dave McKay of RBC to Speak at RBC Capital Markets 2025 Canadian Bank CEO Conference [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
RY
Earnings
- 12/4/24 - Beat
RY
Sec Filings
- 12/26/24 - Form FWP
- 12/26/24 - Form FWP
- 12/26/24 - Form 424B2
- RY's page on the SEC website