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Royal Bank of Canada (RBC)
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Royal Bank of Canada (RBC)

Royal Bank of Canada (RBC)

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Description

Royal Bank of Canada (RBC) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 17 million clients and has more than 89,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains a corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.

In Canada, the bank's personal and commercial banking operations are branded as RBC Royal Bank in English and RBC Banque Royale in French and serves approximately 10 million clients through its network of 1,209 branches. RBC Bank is a US banking subsidiary which formerly operated 439 branches across six states in the Southeastern United States, but now only offers cross-border banking services to Canadian travellers and expats. RBC's other US subsidiary City National Bank operates 79 branches across 11 US states. RBC also has 127 branches across seventeen countries in the Caribbean, which serve more than 16 million clients. RBC Capital Markets is RBC's worldwide investment and corporate banking subsidiary, while the investment brokerage firm is known as RBC Dominion Securities. Investment banking services are also provided through RBC Bank and the focus is on middle market clients.

In 2011, RBC was the largest Canadian company by revenue and market capitalization and was ranked 50th in the 2013 Forbes Global 2000 listing. The company has operations in Canada and 36 other countries, and had CA$1.01 trillion of assets under management in 2021.

Website

http://rbc.com

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Subordinate organizations View all

  • RBC Capital Markets

    RBC Capital Markets

    RBC Capital Markets is a global investment bank providing services in banking, finance, and capital markets to corporations, institutional investors, asset managers, and

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KIMMEL James
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CLARKSON Jeremy
CLARKSON Jeremy

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BRUNDLE Martin
BRUNDLE Martin

I’m a big Ferrari fan.

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MCCALL Davina
MCCALL Davina

These are just mental. But these are all real, and these are very disconcerting to me, to the point where I thought, ‘I’m not sure I can present television any more’.

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LEON Lourdes
LEON Lourdes

It was my idea. I felt that between a mother and a daughter in a relationship, there are a lot of things that are unspoken