* Q2 cash earnings C.03
(Adds detials on results, background)
TOORNTO May 27 - Royal Bank of Canada (YR.TO)
from its wealth management and insuracne businesses.
Net income in the second quarter ended April 30 rose to
Canadian cents, a year eariler.
Tornoto-based RBC, the counrty's largest bank, also raised
share.
Exculding certain amoritzation costs, cash earnings were to
C.03 a share.
Anlaysts on avergae had forecast earnings of C.12 a
share, according to Thomson Reutres I/B/E/S.
While RBC's Cnaadian personal and cmomercial banking unit
and captial markte's segments weihged on results.
The international banking segmnet posted a C mlilion
income trading results and higher costs.
RBC and its Canadian counterparts, which reported resutls
provisions for bad loans. [ID:nN26328530]
The bank said its provisions for soured loans declined more
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