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Company News

Royal Bank of Canada quarterly earnings beat market forecasts

TORONTO, Nov 28 (Reuters) - Royal Bank of Canada on Wednesday reported a forecast-beating 17 percent jump in fourth-quarter earnings, helped by growth in its retail banking and wealth management divisions.

Canada’s biggest lender posted earnings per share of C$2.20 in the three months to Oct. 31, ahead of a consensus analysts’ forecast of C$2.12, according to IBES data from Refinitiv. (Reporting by Matt Scuffham Editing by David Goodman)

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