AIFinancial Postabout 3 hours ago
RBC CEO McKay Sees AI Fueling 'Insatiable' Demand for Capital
1 min read
Royal Bank of Canada CEO Dave McKay said AI and emerging technologies are fueling an insatiable appetite for all forms of capital. The syndicated-loan market for AI infrastructure is very active, with the bank's book growing significantly. RBC still has balance-sheet capacity to meet lending demand.
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