Rbc wealth management highlights defensive plays in

RBC Wealth Management highlights defensive plays in healthcare and utilities as prudent allocations this summer, suggesting yield stability and above-benchmark performance amid mixed macroeconomic signals. Royal Bank of Canada (RBC) is eyeing to expand its US banking operations through the acquisition of "highly coveted" wealth-management firms, reported Bloomberg. Royal Bank of Canada (RBC) is eyeing to expand its US banking operations through the acquisition of “highly coveted” wealth-management firms, reported Bloomberg . RBC Wealth Management projects U.S. industrial production data will act as a major catalyst for mid-cap index performance, potentially driving 3-4% quarterly gains through supply chain normalization.