Royal Bank of Canada's quarterly profit rises on trading boost

Royal Bank of Canada

Royal Bank of Canada

RY

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May 28 (Reuters) - Royal Bank of Canada RY.TO reported a rise in second-quarter profit on Thursday, helped by an increase in trading income during a volatile period and higher interest earnings.

The lender reported a net income of C$5.51 billion ($3.98 billion), or C$3.85 per share, in the three months ended April 30, compared with C$4.39 billion, or C$3.02 per share, a year earlier.

($1 = 1.3861 Canadian dollars)


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