Royal Bank of Canada (RBC)

Royal Bank of Canada (RBC, Banque Royale du Canada) (TSX: RY, NYSE: RY) is the largest bank in Canada by both market capitalization and assets. It is also the largest mortgage lender in the country. RBC is among a small group of highly rated global banks. As at October 31, 2025, it had 96,628 full-time-equivalent employees and served more than 19 million clients in 29 countries through a network of 1,263 branches and 4,183 ATMs. The company reports five business segments: Personal Banking, Commercial Banking, Wealth Management, Insurance and Capital Markets. Personal Banking provides personal banking services and certain retail investment services in Canada, the Caribbean and the United States. Commercial Banking offers lending, deposit and transaction banking services to businesses in Canada. 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 Services, now part of the Wealth Management segment rather than the separate Investor & Treasury Services segment, delivers asset servicing, custody, fund administration and market services to asset managers, asset owners and other institutional clients. 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 from 55 offices in 16 countries. 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. On March 28, 2024, RBC completed the acquisition of HSBC Bank Canada, which ceased to operate as a separate bank.

Royal Bank of Canada was established in 1864 in Halifax and is headquartered in Toronto. As at October 31, 2025, it had total assets of C$2.33 trillion, loans net of allowance of C$1.04 trillion and deposits of C$1.52 trillion, and a market capitalization of C$287.7 billion. As at December 2, 2025, its long-term debt ratings on legacy senior and bail-inable senior obligations were Aa1 and A1 (Moody’s), AA- and A (Standard & Poor’s), AA and AA- (Fitch), and AA (high) and AA (DBRS), all with a stable outlook. RBC offers a wide array of credit cards including Travel, Rewards, Cash Back, Low Interest, Student and Business credit cards.

RBC Wealth Management locations

RBC Capital Markets 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