City National Bank CEO Hopes for Dodd-Frank Reform

The transcript discusses the operations of City National Bank under RBC, the impact of Dodd Frank legislation, and the potential for reform. It explores the effects of political changes, particularly the Republican control, on the banking sector. The discussion includes the benefits of a steeper yield curve for banks and the Federal Reserve's role in adjusting rates. The consolidation trend among smaller banks in California is highlighted, driven by technology and regulatory costs. Finally, RBC's expansion strategy in the US is examined, emphasizing its strong platform and potential for growth.

In what ways does the speaker believe technology impacts the banking industry?

What is RBC's strategy regarding expansion in the United States?