We have a significant opportunity to put our balance sheet behind City National. Chief Executive Dave McKay More Quotes by Chief Executive Dave McKay More Quotes From Chief Executive Dave McKay We would consider strategic options to make small acquisitions that could help accelerate growth in the United States and provide a good payback to shareholders in a reasonable period of time. Chief Executive Dave McKay company-news We have invested in the California economy, which is the size of the Canadian economy, so there's enormous opportunity to grow here and clearly organic opportunity to expand into other cities using RBC's wealth management and capital markets strength to take City National there. Chief Executive Dave McKay company-news ( The City National deal) gives us a strategic option over the medium to longer term to deploy capital to acquisitions that enhance the franchise, we now have a strategic option with a footprint on the ground that gives us more flexibility and more capability to look at other alternatives. Chief Executive Dave McKay money I'm paying a billion-dollar premium. And I feel strongly I can drive $200 million in synergies. Chief Executive Dave McKay business
