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In 2011, RBC was the largest Canadian company by revenue and market capitalization. [9] In 2023, the company was ranked 38th in the Forbes Global 2000. [10] The company has operations in Canada and 36 other countries, [11] and had CA$1.01 trillion of assets under management in 2021. [5] [12]
The brand name was originally used by RBC Bank USA (formerly RBC Centura), formed in 2001 when RBC acquired the Raleigh, North Carolina–based Centura Bank. In 2012, RBC Bank USA's banking division for American clients was sold to PNC Financial Services while RBC's cross-border banking services for Canadians were transferred to the newly ...
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 ...
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.
A History of the Canadian Bank of Commerce: With an Account of the Other Banks Which Now Form Part of Its Organization. Vol. II. Toronto: Oxford University Press. Trigge, A. St. L. (1934). A History of the Canadian Bank of Commerce: With an Account of the Other Banks Which Now Form Part of Its Organization. Vol. III: 1919–1930. Toronto ...
In 2000, the investment banking subsidiary rebranded itself from RBC Dominion Securities to RBC Capital Markets. [5] However the Dominion Securities brand is still used today; RBC Dominion Securities Inc is the legal name of the company from which the full service brokerage activities operate. In addition, RBC Dominion Securities is the broker ...
A routing number is the term for bank codes in Canada.Routing numbers consist of eight numerical digits with a dash between the fifth and sixth digit for paper financial documents encoded with magnetic ink character recognition and nine numerical digits without dashes for electronic funds transfers.
The main Montreal branch of the Bank of Montreal, Canada's oldest bank. Toronto's financial district. This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks".