Search results
Results from the WOW.Com Content Network
Royal Bank Plaza is a skyscraper in Toronto, Ontario, Canada that has served as the corporate headquarters for the Royal Bank of Canada since 1976. The building shares with the Fairmont Royal York Hotel the block in Toronto's financial district bordered by Bay, Front, York, and Wellington streets.
In 1976, RBC completed Royal Bank Plaza, at 200 Bay Street, Toronto, and shifted the majority of its critical head-office functions from Montreal to Toronto. [55] The Royal Bank of Canada presently operates two headquarters, with its corporate headquarters at Royal Bank Plaza and its head office based at Place Ville-Marie. [2]
In 1998, the Bank of Montreal proposed a merger with the Royal Bank of Canada around the same time that CIBC proposed to combine with the Toronto-Dominion Bank. [23] The banks argued that these mergers would enable them to compete globally with other financial institutions. [33] This would have left Canada with only three major national banks.
Standing at 90 meters tall, the building was the tallest in Canada until 1928. The second building also known as the 12-storey Royal Bank Building, located at 20 King Street West between Yonge and Bay Streets, served as the bank's Toronto offices until the Royal Bank Plaza was completed in 1977.
The main building, 1 Place Ville Marie (formerly Royal Bank Tower from its anchor tenant), was built in the International style in 1962 as the headquarters for the Royal Bank of Canada. While RBC's corporate headquarters and the majority of its management operations have been based in Toronto's Royal Bank Plaza since 1976, Place Ville Marie ...
Royal Bank Building (Toronto), a name used for two different office buildings in the Toronto's Financial District; Royal Bank Plaza, a Toronto office complex which serves as the de facto headquarters of the Royal Bank of Canada; Montreal, Quebec Old Royal Bank Building, Montreal, a Montreal building that served as the head office of the Royal ...
Headquarters Revenue (billions US$) Profit (billions US$) Assets (billions US$) Value (billions US$) Industry 1 41 Royal Bank of Canada: Montreal 46.3 9.6 1,040.3 114.9 Banking 2 46 Toronto-Dominion Bank: Toronto 42.5 8.7 1,007.0 103.8 Banking 3 87 Scotiabank: Toronto 32.4 6.4 787.5 67.1 Banking 4 118 Brookfield Asset Management: Toronto 57.6 3 ...
Similarly, Royal Bank Plaza maintains two headquarters in Montreal and Toronto, with RBC referring to Royal Bank Plaza in Toronto as its "corporate headquarters". [3] In addition to major financial institutions, several Toronto-based law firms, most notably the Seven Sisters, have also based their offices in the Financial District.