Fox News host Eric Bolling reports on the launch of a new B.L.C. financial firm called RBC Wealth Management, with the goal of helping people with the most pressing financial challenges, including debt, medical expenses and disability.
Bolling said the company will offer financial services for more than 10,000 families across the province.
“B.C., we’ve been here from the beginning,” he said.
“This is a global company.
This is a new world, and we’re bringing together a lot of B-2s, B-1s, A-1 and B-3s in a way that I’ve never seen before.”
Bolling, who also serves as a contributor for Fox News Channel, said the new company is aimed at helping people make more sense of the world and “put them in control of their financial future.”
Bollings said RBC will also offer a range of services including tax advice, tax advice for small businesses, advice for pensioners, financial planning, financial management, asset management and estate planning.
“I don’t think there’s a lot that they don’t know,” he told host Chris Wallace.
“It’s a little bit like a new way of life.
I think they’re going to be great, because it’s going to help a lot more people.”
The news comes on the heels of a recent report that the RBC Group will cut nearly 50,000 jobs as part of a global restructuring and other cost-cutting measures.
It’s the latest move in a series of moves that have been underway in recent months, with many B.T.C.-based businesses, including the B.I.C./Nova Scotia government and the RBA, announcing major cost-cutbacks.
The B.N.L.’s New Democrat Premier, Joe Clark, has previously been critical of the RMB, saying that it’s a “fraud” that the government’s annual budget does not include RBC and other financial firms.
B.S. Greens Leader Andrew Weaver, meanwhile, has also slammed the RBR, calling the bank “a global fraud.”
The RBC statement on its website, however, said it will provide “a new and more sustainable model of finance for our clients, with more flexibility and better services.”
The statement said the BBR has a long-standing focus on “providing quality financial services to the public, which are the bedrock of prosperity in the province.”
“Our strategy is designed to help people better manage their financial affairs and to protect them from financial risk,” the statement said.
The RMB declined to comment on Bolling’s report, referring questions to the BBL Financial Group, the company’s spokesperson.
The statement added that the company is now looking to build its B.P.L.-N logo on the RBL logo.
RBC was founded in 1966, and Bolling reported from Toronto.