RBC
rbc[ noun ]
a mature blood cell that contains hemoglobin to carry oxygen to the bodily tissues; a biconcave disc that has no nucleus
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- The issue, which requires regulatory approval, will be underwritten by a group headed by RBC Dominion Securities Inc. and Merrill Lynch Canada Inc.
- Pargesa is jointly controlled with Albert Frere of Belgium. Cambior, the gold and base metals producer, has raised CDollars 84m of new equity by selling 6m units at CDollars 14 per unit to an underwriting group led by RBC Dominion Securities.
- Together with its advisers, RBC Dominion Securities Inc. and Morgan Stanley Canada Ltd., the directors' committee is seeking alternatives to a Drabinsky bid.
- RBC, with assets of CDollars 168bn and 47,000 employees, was hit hard by the recession.
- The bank, Canada's biggest financial institution, had assets of CDollars 137bn on January 31. Trilon Financial, a Bronfman holding company which owns 47.5 per cent of Royal Trustco, said it would back the RBC offer.
- Lead underwriters for the issue are Scotia McLeod Inc. and RBC Dominion Securities Inc., both Toronto-based investment dealers.
- The dealers are headed by ScotiaMcLeod, RBC Dominion Securities Inc., Wood Gundy Inc. and Gordon Capital Corp.; all are based in Toronto.
- The Calgary, Alberta, petrochemicals concern said the issue will be underwritten by a syndicate headed by RBC Dominion Securities and Scotia Macleod.
- Its clients include Toronto Dominion Bank, RBC Dominion Securities and Air Canada.