Royal Bank of Canada
Enlarge text Shrink text-
Corporate Body
-
Save successfulThe item can be found in your Personal ZoneשגיאהLog in to your account to save
Information for Authority record
- Information from 678 converted Dec. 17, 2014(fd. 1864, chartered 1869, was chgd. in 1901 to Royal Bank of Canada.)
- Royal Bank of Canada Wikipedia page(Royal Bank of Canada, RBC, French: Banque Royale du Canada, RBC Royal Bank, RBC Financial Group; founded in 1864 in Halifax, Nova Scotia as Merchants Bank of Halifax; changed name to Royal Bank of Canada in 1901; merged with: Union Bank of Halifax in 1910, with Traders Bank of Canada in 1912, with Quebec Bank in 1917, with Northern Crown Bank in 1918, with Union Bank of Canada in 1925; with Royal Trust; acquired: Bank of Central and South America in 1925, Security First Network Bank in Atlanta in 1998, Centura Bank based in Rocky Mount, North Carolina, 2001; bought: Banco de Oriente de Santiago de Cuba in 1903, Banco del Commercio de Havana in 1904, Bank of British Honduras in 1912, Bank of British Guiana in 1914, Pedro Gomez Mena e Hijo in 1923 (returned to Cuba's control 1960), Banco de San Juan in 1980. Sold many of its holdings starting in 1980s; sold its American operations to PNC Financial Services, 2011; head office moved from Halifax to Montreal in 1907; corporate headquarters are located in Montreal, Quebec, and its operational head office in Toronto, Ontario; in Canada the bank is branded as RBC Royal Bank in English and RBC Banque Royale in French)
- McDowall, D. Quick to the frontier, c1993:t.p. (Canada's Royal Bank) p. vii, etc. (Royal Bank of Canada)
- NLC 6-23-94(Royal Bank of Canada)
Wikipedia description:
The 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 19 million clients and has more than 101,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks. 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 1,263 branches. RBC Bank is a US banking subsidiary which formerly operated 439 branches across six states in the Southeastern United States, but now only offers cross-border banking services to Canadian travellers and expats. RBC's other Los Angeles-based US subsidiary City National Bank operates 79 branches across 11 US states. RBC also has 127 branches across seventeen countries in the Caribbean, which serve more than 16 million clients. RBC Capital Markets is RBC's worldwide investment and corporate banking subsidiary, while the investment brokerage firm is known as RBC Dominion Securities. Investment banking services are also provided through RBC Bank and the focus is on middle market clients. The company expanded further in 2024 when RBC acquired HSBC's Canadian operations. In 2011, RBC was the largest Canadian company by revenue and market capitalization. In 2023, the company was ranked 38th in the Forbes Global 2000. The company has operations in Canada and 28 other countries, and had CA$1.574 trillion of assets under management in 2025.
Read more on Wikipedia >