RBC's US$850M Goodwill Impairment Charge

Scotia Capital, 20 April 2009• RY announced that it expects to record a US$850 million ($1,020 million or $0.72 per share) goodwill impairment charge on its U.S. & International Banking segment in the second quarter ending April 30, 2009.• The impairment charge the bank indicated was a result of the prolonged economic difficulties in the U.S., in particular the deterioration of the U.S. housing