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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 ]
2004 RBTT acquired Caribbean Commercial Bank in Barbados. This is now RBTT Bank Barbados. 2005 RBTT opened a representative office in Costa Rica as the first step in a strategy of greater involvement in Central America. 2007 RBC announced it would acquire RBTT, which would mark the return of RBC to Trinidad and Tobago after an absence of 20 years.
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.
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.
According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd, and 63rd place, respectively. [4] RBC and TD Bank are also on the Financial Stability Board's list of systemically important banks as of 2020 ...
On 6 April 2013, CBC News reported that Canadian IT workers at the Royal Bank of Canada (RBC) were losing their jobs to replacement foreign workers, who were brought from India by outsourcing firm iGATE. Existing RBC employees trained their replacements before they themselves were laid off, causing their appeal to the media.
Gordon Melbourne Nixon CM OOnt (born 25 January 1957) was the president, CEO and director of Royal Bank of Canada, from 2001 to 2014. [1] He is chairman of Bell Canada Enterprises, lead director of George Weston Limited, director and chairman of the Nominating, Governance & Sustainability Committee of BlackRock Inc. and is on the advisory committee of KingSett Capital.
McKay joined RBC in 1983 as a co-op student in computer programming before moving to the organization's retail banking arm. After completing his master's degree in 1992, he returned to RBC, working in progressively senior roles in Canada and Japan in retail and business banking, group risk management, and corporate banking.
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