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Royal Bank of Canada has changed its sustainability teams and cut at least three senior jobs.

MarketRead the original at baystreet.ca
Neutral

Royal Bank of Canada removed at least 3 senior climate, sustainability, and ESG roles and created a public-policy vice presidency. The report gives no business results or financial effects, so it does not point clearly in either direction.

RY · Royal Bank of Canada

AI read · Neutral

The AI's read

The change reshapes who handles climate and public-policy work. The report gives no business results or financial effects, so it does not point to a clear change in the bank's outlook.

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