UPDATE 1-RBC says bad loans rose 19 percent in second quarter
May 26, 2016 at 06:33 AM EDT
TORONTO, May 26 (Reuters) - Royal Bank of Canada (RBC) said on Thursday bad loans increased by C$583 million ($450 million), or 19 percent, in the second quarter from the quarter before, largely due to a rise in credit to oil firms that had turned sour.