Dave McKay
Dave McKay is the President and CEO of the Royal Bank of Canada (RBC), a position he has held since 2014. Under his leadership, RBC has focused on enhancing client services, investing in technology, and expanding its market presence, notably through the acquisition of HSBC Bank Canada. McKay has been instrumental in driving the bank's profitability and strategic growth, overseeing significant financial milestones such as RBC's recent 43% profit increase in the first quarter of 2023, attributed in part to the HSBC takeover and capital markets performance.
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Recent news mentions
RBC chief executive officer Dave McKay said in a statement.
RBC beats profit expectations, raises dividend and plans to buy back shares
Canada· 2026-05-28
Dave McKay is the chief executive officer of RBC.
RBC’s insurance head to depart two years into group executive roleCanada· 2026-05-28
Dave McKay is the chief executive officer of the Royal Bank of Canada.
Big bank earnings point to more consumers struggling to pay off credit cards, mortgagesCanada· 2026-02-27
Dave McKay is the CEO of RBC, exploring new banking opportunities in global markets.
RBC applies for Middle East banking licence amid Ottawa’s push to diversify Canadian tradeCanada· 2026-01-29
RBC chief executive officer Dave McKay said he is confident in this target for several reasons.
Royal Bank and National Bank target higher profitability ahead after surge in 2025Canada· 2025-12-04
RBC chief executive officer Dave McKay said the bank is maintaining a modest goal as trade uncertainty lingers ahead of negotiations over the Canada-United States-Mexico Agreement (CUSMA).
RBC hikes profitability target after posting 29% jump in fourth-quarter earningsCanada· 2025-12-03
RBC chief executive Dave McKay said at a conference that pulling out of NZBA doesn’t lead to non-commitment to net-zero climate change.
Carney-championed Net-Zero Banking Alliance shuts down after losing most of its membersCanada· 2025-10-03
RBC CEO Dave McKay told Bloomberg News that it will give people from India, South Asia and Europe reason to think: 'Well, I can’t get into the U.S., but I want to move to North America – I’ll come to Canada.'
Dear Canada: Nobody is coming to save usCanada· 2025-09-29
RBC chief executive officer Dave McKay discussed the uncertainty around the tariff scenario during a conference call.
Improving outlook for tariff impact clouded by coming USMCA negotiations, bank CEOs sayCanada· 2025-08-28
Dave McKay is the chief executive officer of RBC.
RBC, BMO, National Bank and Scotiabank: A breakdown of the big banks’ third-quarter earnings so farCanada· 2025-08-27
RBC chief executive officer Dave McKay discussed the bank's cautious approach due to ongoing trade tensions.
RBC reports higher Q3 profit on strong commercial banking, capital markets growthCanada· 2025-08-27Dave McKay, CEO of Royal Bank of Canada, said it wasn’t 'ready for prime time.'
Canadian CEOs are embracing generative AI’s speed and efficiency. The impact on their employees is less certainCanada· 2025-08-08
Royal Bank of Canada CEO Dave McKay was among the first corporate leaders in Canada to make that claim in March, 2023.
Canaccord requires staff to return to office full time starting in SeptemberCanada· 2025-06-24
RBC chief executive officer Dave McKay mentioned the challenges associated with remote work.
Banks, if you want staff back in offices, give them proper offices to go back toCanada· 2025-06-16
RBC's chief executive officer Dave McKay acknowledged that higher provisions would cause profit to miss analyst estimates.
Canada’s big banks are weathering the trade war so far, raising dividends and reporting growthCanada· 2025-05-31
RBC chief executive officer Dave McKay said during a conference call that they are cautiously optimistic about the path forward.
RBC and CIBC ramp up provisions for loan losses amid higher risks stemming from trade and policy uncertaintyCanada· 2025-05-29RBC chief executive officer Dave McKay said during a conference call.
RBC misses profit expectations in second quarter, braces for potential loan defaultsCanada· 2025-05-29
RBC chief executive officer Dave McKay said on an earnings call that productivity and innovation have decreased as employees continued to work from home.
RBC to require employees to work in the office four days a weekCanada· 2025-05-29
Dave McKay is the CEO of Royal Bank of Canada who commented on the bank's performance.
RBC reports profit jump on HSBC deal, boosts dividendCanada· 2025-05-29RBC chief executive Dave McKay commented on the potential for U.S. expansion under Trump.
Chaotic Trump policies loom large over Canadian banks’ U.S. operationsCanada· 2025-05-24
Royal Bank’s Dave McKay said, 'It is a ruthless oligopoly, at the end – ruthlessly competitive.'
Opinion: First thing we do after the election, let’s kill the bankers’ cozy little oligopolyCanada· 2025-04-30
RBC's CEO Dave McKay said the U.S. decision to pause some global tariffs is 'welcome,' but warned Canada needs to seize an opportunity to boost the country’s economic prosperity.
RBC CEO says Canada must seize opportunity from tariff threat to reshape its economyCanada· 2025-04-11Dave McKay is the president and CEO of RBC, emphasizing the bank's strategy to invest in technology amidst economic uncertainty.
RBC’s strategy to withstand economic uncertainty in a Trump world involves using scale to investCanada· 2025-03-28
Dave McKay is the longest-serving bank CEO in Canada, having been head of Royal Bank of Canada since 2014.
CIBC names Harry Culham its next CEO as Victor Dodig plans to retire in OctoberCanada· 2025-03-13
Chief executive officer Dave McKay was awarded $26-million last year, a 60-per-cent raise from his prior-year compensation.
RBC lays off some employees as it reorganizes its businessesCanada· 2025-03-07
Mr. McKay, CEO of Canada’s largest lender, RBC, was paid $25.97-million last year, a 60-per-cent raise from his prior-year compensation.
Total pay for Big Six bank CEOs rose last year, even with declines at TD and BMOCanada· 2025-03-07
Royal Bank of Canada paid chief executive officer Dave McKay nearly $26-million last year, a 60 percent raise from his prior-year compensation.
RBC paid CEO $26-million last year, including an award for HSBC Canada acquisitionCanada· 2025-03-06
Royal Bank of Canada chief executive officer Dave McKay said the auto industry will feel 'enormous pain.'
Trump’s tariffs threaten to cripple Canada’s EV manufacturing industry before it gets off the groundCanada· 2025-03-05
Dave McKay mentioned that the threat of tariffs was already slowing business activity in Canada.
Business leaders say Trump has changed Canada’s relationship with the U.S. foreverCanada· 2025-03-05
RBC CEO Dave McKay says tariffs are already slowing business activity.
Tariffs already slowing business activity, RBC CEO McKay saysCanada· 2025-03-04