Canada · Delayed Price · Currency is CAD Royal Bank of Canada Company Description
Royal Bank of Canada functions as a globally diversified financial services powerhouse.
Its Personal & Commercial Banking arm extends a wide array of offerings to individual clients and small to medium-sized businesses.
For retail customers, these include various deposit accounts, home equity lines, personal and indirect loans (like vehicle financing), private banking, mutual funds, self-directed brokerage services, guaranteed investment certificates, credit cards, and payment solutions.
For commercial entities, it provides lending, leasing, deposits, investment options, foreign exchange, cash management, auto dealer financing, and trade-related products and services.
These are delivered through its network of branches, ATMs, and mobile sales force. The Wealth Management segment specializes in providing bespoke advice and strategic financial solutions to high-net-worth and ultra-high-net-worth individuals, alongside institutional clients.
RBC's Insurance division offers guidance and products spanning life, health, home, auto, travel, wealth, annuities, and reinsurance.
It also supplies commercial insurance services to individuals, businesses, and group clients. Distribution occurs through advice centers, dedicated insurance stores, mobile advisors, digital and social platforms, independent brokers, and travel partnerships.
The Investor & Treasury Services department delivers essential functions such as asset servicing, custody, payments, and treasury management for financial and other investors.
Furthermore, it manages fund and investment administration, shareholder services, private capital support, performance measurement and compliance monitoring, distribution, transaction banking, liquidity management, foreign exchange, and global securities financing.
Through its Capital Markets division, the bank provides sophisticated corporate and investment banking services.
This includes the origination, distribution, advisory, sales, and trading of equity and debt for corporations, institutional investors, asset managers, private equity firms, and government bodies.
Founded in 1864, Royal Bank of Canada is headquartered in Toronto, Canada.
| Country | Canada |
| Founded | 1864 |
| Industry | Banks - Diversified |
| Sector | Financials |
| Employees | 101,269 |
| CEO | David McKay |
Contact Details
Address: Royal Bank Plaza Toronto, ON ON Canada | |
| Phone | 888 212 5533 |
Stock Details
| Ticker Symbol | RY |
| Exchange | Toronto Stock Exchange |
| Fiscal Year | November - October |
| Reporting Currency | CAD |
| ISIN Number | CA7800871021 |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Derek Neldner CFA | Group Head and Chief Executive Officer of RBC Capital Markets and Co-Head of Global Transaction Banking |
| David I. McKay | President, Chief Executive Officer and Director |
| Katherine Gibson | Chief Financial Officer |
| Maria Douvas | Chief Legal and Administrative Officer |
| Neil McLaughlin | Group Head of RBC Wealth Management and Insurance |
| Naim Kazmi | Group Head of Technology and Operations |
| Matthew R. Stopnik | Head of Investment Banking |
| Asim Imran | Senior Vice President and Head of Investor Relations |
| Kelly Michelle Bradley | Chief Human Resources Officer |
| Wayne Bossert | Deputy Chairman and Head of Ultra High Net Worth Clients-RBC Wealth Management |