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RBC has good reason to feel pretty smug about 2017. It ended the year with a record set of results from a strategy that is, on the face of it, fairly straightforward: be number one or two in every domestic banking category and be diversified across businesses and regions.
It ended the year with record earnings of C$11.5 billion ($7.57 billion), up 10% year on year, a return on equity of 17% and common equity tier-1 of 10.9%.
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