BLOOMBERG Royal Bank of Canada (RBC) reported a surge in its trading businesses that helped fiscal first-quarter earnings top analysts’ estimates. Revenue from RBC Capital Markets — the largest capital-markets division among Canada’s banks — rose 4.3% to C$3.12 billion ($2.3 billion) in the three months through January, Royal Bank said. That beat analysts’ C$2.35 billion average estimate. National Bank ...

BLOOMBERG Deutsche Bank AG’s rates traders received some of the biggest increases in bonuses as Germany’s largest bank unveiled compensation details. The business, which saw revenue jump five-fold last quarter amid rapid increases in central bank interest rates, saw the largest gain in variable compensation within the securities unit, according to people familiar with the matter. Currency traders and the ...

BLOOMBERG Credit Suisse Group AG is escalating efforts to win back clients with deposit rates that are significantly higher than rivals as a run of senior banker departures adds urgency to its campaign to recoup assets. After unprecedented outflows in the fourth quarter, the Zurich-based lender has raised three-month rates to as much as about 6.5% for new money of ...