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| RBC Headquarters, Toronto |
Royal Bank of Canada (RBC, Banque Royale du Canada) (TSX: RY, NYSE: RY) is the largest bank in Canada by market capitalization and the second largest by assets. It is also the largest mortgage lender in the country. RBC is among a small group of highly rated global banks. With around 52,800 employees, it serves more than 16 million customers through a network of over 1,400 branches and 4,900 ATMs. The company has strong market positions in five business segments: Personal & Commercial Banking, Wealth Management, Investor & Treasury Services, Capital Markets and Insurance. Personal & Commercial Banking provides personal banking services and certain retail investment services in Canada, the Caribbean and the United States. RBC Wealth Management is one of the world’s largest wealth managers. Wealth Management business serves affluent, high net worth and ultra high net worth clients around the world and has over 4,000 financial consultants and trust officers in 24 countries. Investor & Treasury Services segment provides asset, custody, payments and treasury services for institutional investors worldwide. Insurance segment provides life and health insurance, property and casualty insurance to customers across Canada. RBC Capital Markets is a premier investment bank that provides a range of products and services to corporations, institutional investors and governments through over 70 offices across North America, Europe, the UK and the Asia-Pacific region. In 2013, RBC completed acquisition of the Canadian subsidiary of Ally Bank. In July 2015, RBC agreed to sell Royal Bank of Canada (Suisse) SA, its Switzerland-based private banking business, to SYZ Group. In November 2015, RBC acquired City National Corporation, the U.S. financial institution with 75 offices in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta.
Royal Bank of Canada was established in 1864 in Halifax and is headquartered in Toronto. As of April 30, 2017, it had total assets of C$1.2 trillion, loans of C$540 billion and deposits of C$785.6 billion. The company has strong credit ratings: AA- (Standard & Poor’s), Aa3 (Moody’s) and AA (Fitch). RBC offers a wide array of credit cards including Travel, Rewards, Cash Back, Low Interest, Student and Business credit cards.
RBC Wealth Management locations
Head office address:
Royal Bank Plaza
200 Bay Street
Toronto, Ontario
M5J 2J5, Canada
Phone: 1-888-212-5533
SWIFT/BIC Code: ROYCCAT2
Website: www.rbc.com