Royal Bank of Canada (NYSE: RY) is one of Canada’s largest and most diversified financial institutions, offering a full suite of banking and financial services to individual, commercial and institutional clients. Founded in 1864 and headquartered in Toronto, Ontario, RBC has grown from a regional bank into a global financial services leader, serving clients through an integrated network of branches, digital platforms and advisory offices.
RBC’s core business activities are organized into personal and commercial banking, wealth management, insurance, investor and treasury services, and capital markets. Its personal and commercial banking division provides chequing and savings accounts, lending products, mortgages and business banking solutions. The wealth management group offers investment advice, portfolio management, trust services and private banking, while the insurance segment delivers life, health, travel and home insurance products. Through RBC Capital Markets, the bank provides underwriting, M&A advisory, corporate lending and research to corporate and institutional clients.
The bank operates primarily in Canada and the United States, with additional offices and subsidiaries in the Caribbean, the United Kingdom and other key global financial centres. RBC Investor & Treasury Services supports asset managers, pension funds and sovereign wealth funds worldwide, while specialized teams within capital markets and wealth management serve clients across Europe, Asia and Latin America.
Headquartered in Toronto’s financial district, RBC is led by President and Chief Executive Officer David I. McKay, who assumed the role in 2014. Under his leadership, the bank has focused on digital innovation, risk management and sustainable finance initiatives, reinforcing its commitment to delivering a seamless client experience across all channels and markets.
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