Royal Bank of Canada (RBC, RBC Royal Bank)
Royal Bank of Canada (RBC, RBC Royal Bank or RBC Financial Group) (TSX: RY, NYSE: RY, SIX: RY) is the largest bank in Canada by assets and market capitalization. RBC serves more than 18 million clients through a network of over 1,700 branches and 5,043 ATMs in Canada, USA and other countries. The company has strong market positions in five business segments: Canadian Banking, Wealth Management, International Banking, Capital Markets and Insurance. Canadian Banking provides personal and business financial services in Canada. Wealth Management businesses serve affluent and high net worth clients around the world and have over 4,000 financial consultants and trust officers in 24 countries. International Banking comprises banking businesses in the U.S. and Caribbean, and global custody and investor services. RBC serves about 1.5 million clients in the Caribbean through nearly 130 branches. It has a large retail banking presence in the southeastern United States with more than 430 full-service branches across six states (Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia). The company has strong credit ratings: AA- by Standard &Poor’s, Aa1 by Moody’s and AA by Fitch Ratings. In March 2012, RBC was named Safest Bank in North America and tenth safest bank globally by Global Finance magazine. Royal Bank of Canada was established in 1864 in Halifax and is headquartered in Toronto. As of July 31, 2012, the Bank's total assets amounted to C$824.394 billion. Key people: Gordon Nixon (CEO), David P. O'Brien Chairperson Financial Highlights (C$ millions, except per share)
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