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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 ]
On November 2, 1990, Peoples Bancorp and Planters Corp., of Rocky Mount, North Carolina, merged to form Centura Bank. [1] In June 2001, Royal Bank of Canada acquired Centura Banks and rebranded them as RBC Centura. RBC announced on January 17, 2008, that it would abandon the "Centura" brand in April 2008 and the unit would operate as RBC Bank. [2]
RBC Dominion Securities was the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and formed part of RBC's Wealth Management and Capital Markets divisions. Today, RBC Dominion Securities is known as RBC Capital Markets [ 1 ] and RBC Wealth Management.
City National Bank (CNB) is a bank headquartered at City National Plaza in Los Angeles, California. CNB was founded in 1957, and since 2015 is a subsidiary of the Toronto-based Royal Bank of Canada. It is the 30th largest bank in the United States as of December 31, 2023. [1]
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.
For much of the 20th century, Canada's trust companies were controlled by the major banks through interlocking directorates. However, revisions to the Bank Act in 1967 forbade individuals from sitting on a bank and trust company board simultaneously; this had been a recommendation in the 1964 Report of the Royal Commission on Banking and ...
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 ...
RBC Centre's anchor tenant is the Royal Bank of Canada. [6] The bank maintains a presence in several other towers in the city's downtown core, including Royal Bank Plaza at Bay Street and Front Street, the Royal Bank Building at 20 King Street West adjacent to Scotia Plaza, RBC WaterPark Place and the building complex at 310, 315, 320 and 330 ...