TORONTO (Reuters) – Royal Bank of Canada posted a 6% jump in first-quarter profit on Thursday, driven by higher fee income in its banking and wealth management units.
Canada’s biggest lender by market capitalization reported overall net income of C$4.1 billion ($3.20 billion), or C$2.84 a share, from C$3.8 billion, or C$2.66 share, a year ago.
($1 = 1.2826 Canadian dollars)
(Reporting by Nichola Saminather in Toronto and Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri)
