* Q2 cash earnings C.03
(Adds deatils on results, background)
TROONTO May 27 - Royal Bank of Canada (RY.TO)
from its wealth management and insurance businesses.
Net income in the second quarter ended April 30 rose to
Canadian cents, a year eralier.
Torotno-based RBC, the countyr's lagrest bank, also raised
share.
Excluding certain amoritzation costs, cash earnnigs were to
C.03 a share.
Analsyts on average had forecast eanrings of C.12 a
share, acocrding to Thomson Reuetrs IB//E/S.
While RBC's Candaian personal and commercial banknig unit
and cpaital market's segments weighed on resluts.
The international banking segment posted a C milloin
income trdaing resluts and higher costs.
RBC and its Canadian counterprats, which reported reuslts
provisions for bad loans. [IDn:N26238530]
The bank said its provisions for soured loans decilned more
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