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In Canada, the bank's personal and commercial banking operations are branded as RBC Royal Bank in English and RBC Banque Royale in French and serves approximately 11 million clients through its network of 1,284 branches.
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.
Virtual banking first became a possibility in 1996 with the Bank of Montreal's mbanx. mbanx was released at the very beginning of the internet banking revolution in Canada and was the first full-service online bank [26] Also in 1996, RBC started providing banking information online and had the first personal computer banking software released ...
The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. [5] It has international operations in the United States, the Caribbean, Asia, and United Kingdom. Globally, CIBC serves more than eleven ...
In modern history, Royal Bank (RBC) has always been the largest by a significant margin, [20] although TD Bank has caught up to RBC in recent years. Up to the late 1990s, CIBC was the second largest, [21] followed by Bank of Montreal, Scotiabank, and TD Bank. [22] During the late 1990s and beyond, this ranking changed due to several ...
McKay went on to lead RBC's retail banking portfolio, first as Group Head of Canadian Banking (2008–12) and most recently as Group Head of Personal and Commercial Banking worldwide (2012–14). [2] During this time, McKay contributed to the growth of RBC's retail banking business, helping the bank attain top market positions in all the ...
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