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Company News

RBC's fourth-quarter earnings beat market expectations

TORONTO, Nov 29 (Reuters) - Royal Bank of Canada reported fourth-quarter earnings that beat market expectations helped by strong growth in retail banking and wealth management.

Canada’s biggest bank by market value reported earnings per share excluding one-off items of C$1.92 for the quarter. Analysts had on average forecast earnings per share of C$1.87, Thomson Reuters I/B/E/S data showed. (Reporting by Matt Scuffham; editing by Jason Neely)

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