RBC investors weigh growth plans as US trade feud worsens
TORONTO (Reuters) -When Royal Bank of Canada convenes its first investor day in seven years on Thursday, shareholders will focus on growth, as trade tensions worsen with its key U.S. market. The United States accounts for 26% of RBC's revenue, and CEO Dave McKay has often called it the bank's second home market. "Where does Royal Bank grow?" asked Kevin Burkett, portfolio manager at Victoria, BC-based Burkett Asset Management.