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Royal Bank of Canada (RBC; French: Banque Royale du Canada) ... In 1864, the Merchants Bank of Halifax was founded in Halifax, Nova Scotia, ...
RBC Bank is the trading name of RBC Bank (Georgia), N.A., the United States–based retail banking division of the Royal Bank of Canada (RBC) which is targeted toward Canadian snowbirds, expatriates, and frequent tourists. Despite its limited reach, RBC Bank is a federally chartered bank, thus its trading name bears "N.A." letters.
Sir Herbert Samuel Holt (February 12, 1855 – September 28, 1941) was an Irish-born Canadian civil engineer who became a businessman, banker, and corporate director.He was President of the Royal Bank of Canada, Montreal Light, Heat & Power, and a director of some 250 companies worldwide, with assets valued at around $200 million.
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.
Dain Rauscher was acquired by the Royal Bank of Canada in 2000. Shortly after the acquisition of Dain Rauscher, Royal Bank of Canada acquired Tucker Anthony Sutro, an independent brokerage and asset management firm, formed from the combination of Tucker Anthony , a Boston-based firm founded in 1892 and Sutro & Co. , a San Francisco based firm ...
RBC Capital Markets is a global investment bank providing services in banking, finance, and capital markets to corporations, institutional investors, asset managers, and governments globally. Locations span 58 offices in 14 countries [ 1 ] across North America, the UK, Europe, and the Asia-Pacific region.
Royal Bank shared the wealth with its investors, as well. The bank paid out a dividend of $0.60 per share in late October, up from its previous payout of $0.56. RBC is looking to expand
RBC Global Asset Management UK, originally known as Royal Trust Global Investment Group, was founded in 1996. [ 5 ] Royal Bank of Canada agreed to acquire the company in October 2010, in a deal valued at £963 million ($1.54 billion), [ 6 ] completed on 17 December 2010.