from Reuters: Company News https://ift.tt/3ctathU
UPDATE 3-RBC to cut Canada prime rate to 3.45%, rivals follow
Royal Bank of Canada said on Wednesday it would cut its prime rate to 3.45% from 3.95% in its first reduction since July 2015, with the country's other lenders expected to follow suit, even as the moves weigh on margins already under pressure.

from Reuters: Company News https://ift.tt/3ctathU
from Reuters: Company News https://ift.tt/3ctathU
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By LIAM STACK from NYT Magazine https://ift.tt/2FNPp6k
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