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Sep 12, 2024 · RBC is one of Canada’s largest banks and one of the largest banks in the world, based on market capitalization.
- Investing at RBC
Financial planning services and investment advice are...
- Canada
RBC completes acquisition of HSBC Bank Canada. Our combined...
- Our Company
Royal Bank of Canada (RY on TSX and NYSE) and its...
- History
The Royal Bank of Canada History site has been created to...
- Purpose, Vision and Values
In Canada: To be the undisputed leader in financial...
- United States
International Banking solutions to meet your needs. Whether...
- Jobs at RBC
What sets RBC apart is how we bring our company and our...
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Royal Bank of Canada (RY on TSX and NYSE) announced today...
- Investing at RBC
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are one of Canada's biggest banks, and among the largest in the world based on market capitalization.
Royal Bank of Canada (RBC; French: Banque Royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than 100,000 employees worldwide. [2]
- Early Years: 1864–1900
- Rapid Growth: 1900–1930
- Mid-20Th Century
- Late 20th Century
- Recent History
Royal Bank of Canada began as the Merchants Bank of Halifax in 1864. It was founded by a small group of Maritime trade merchants as a private, unchartered commercial bank that would assist them in their daily business activities. It wasn’t until after Confederation, in 1869, that the bank received its official federal charter and became a public co...
The Merchants Bank experienced remarkable growth between 1900 and 1930. In anticipation of this development and to give the bank a more modern image, the bank changed its name to The Royal Bank of Canada (RBC) in 1901. At that time, it had 64 branches across the country. It opened its first Toronto branch in 1903. In 1907, shareholders approved a m...
The turmoil of the Great Depression was followed by a period of conservative management in the banking sector overall. Following the Second World War, RBC became known as a lead developer of Canada’s oil, gas and resource exploration business (see Petroleum Exploration and Production). It opened an oil and gas department in Calgaryin 1952. The bank...
To take advantage of international banking opportunities, in October 1970, RBC partnered with Chase Manhattan Bank, England’s National Westminster Bank and Germany’s Westdeutsche Landesbank Girozentrale, to create Orion Bank. The purpose of Orion was to help manage RBC’s growing Eurodollar business of international deposits and loans. It quickly be...
In light of the government’s decision to prohibit RBC to merge with the Bank of Montreal, RBC began to look outside Canada for acquisition opportunities. In 2000, the bank announced its purchase of the US brokerage and investment management firm Dain Rauscher Wessels for US$1.46 billion. It merged this firm into the Boston and San Francisco-based b...
Jul 30, 2024 · RBC is Canada’s largest bank, offering a full range of financial products to meet all of your banking needs. If you value choice, in-person customer service and want to do all your banking...
- As Canada’s largest bank with 17 million clients around the world, RBC must be doing something right. The bank has an excellent reputation within i...
- The primary downsides of banking with RBC are its middling rates and fees. While RBC is competitive with the other Big Banks in Canada, it charges...
- Forbes Advisor Canada ranks Motusbank first overall in Canada for its free chequing, high-interest savings and competitive rates. Other highly rank...
- RBC is one of the safest banks in the world, and deposits are backed by the Canadian Deposit Insurance Corporation which protects your savings up t...
Oct 1, 2024 · Explore the personal banking services and products available from RBC Royal Bank to help you manage your finances, buy a home, invest and more.
The Royal Bank of Canada History site has been created to remember and celebrate heritage and the generations of men and women who transformed Royal Bank into a leader in Canada and a growing force in countries around the world.
