01:09 PM EST - Royal Bank of Canada : ended another record financial year with a five percent rise in fourth-quarter revenue and profit, despite writedowns linked to the collapse of the U.S. subprime mortgage market. Canada's biggest bank said it had net income of $1.32 billion, $1.01 per share, in the three months ended Oct. 31. This compared with $1.26 billion, 96 cents per share, in the year-earlier period. Royal Bank of Canada
shares T.RY are trading down 56 cents at $53.11.
