Royal Bank of Canada (RBC)

Royal Bank of Canada (RBC) headquarters, HQ, Toronto
RBC HQ, Toronto

Royal Bank of Canada (RBC) is the largest Canadian bank by total assets and market capitalization. It provides services to over 17 million clients through more than 1,320 branches and 4,600 ATMs in Canada, USA and other countries. RBC has the largest branch and ATM network in Canada. With about 82,500 full-time equivalent employees (including 13,800 employees in the U.S.), it operates through the following business segments: Personal & Commercial Banking (Canadian Banking and Caribbean & U.S. Banking), Wealth Management, International Banking, Investor & Treasury Services, Capital Markets and Insurance. RBC Wealth Management serves affluent and high net worth individuals, institutions and charitable foundations around the globe with presence in key financial centers. RBC is one of the largest Canadian bank-owned insurance providers offering auto, home, life, health and travel insurance to more than 5 million customers. RBC serves approximately 1 million clients in the Caribbean countries and territories through about 50 branches and offices. It also has a large retail banking presence in the United States through Los Angeles-based City National Bank and RBC Bank (Georgia) N.A., with offices in Southern California, the San Francisco Bay Area; Melville and New York City; Nashville (Tennessee), Las Vegas, Carson City, Minden, Reno (Nevada), Atlanta (Georgia), Minneapolis (Minnesota), Boston (Massachusetts), Wilmington (Delaware), and Washington, D.C. RBC is also the tenth largest investment bank in the United States with over 30 offices across 24 states and about 2,000 advisors in U.S. Wealth Management.

RBC has strong credit ratings and was named the Safest Bank in North America, Best Trade Finance Provider and Best Investment Bank in Canada by Global Finance magazine. Royal Bank of Canada was established in 1869 in Halifax and is headquartered in Toronto, Ontario. As of January 31, 2020, it reported total assets, deposits and loans of C$1.476 trillion, C$902 billion and C$633 billion, respectively. Assets under administration (AUA) and assets under management (AUM) were C$5.7 trillion and C$780 billion, respectively. RBC shares are traded on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) with a market capitalization of US$96 billion as of June 1, 2020.

 RBC Credit Ratings:

  Moody’s S&P Fitch DBRS
Long-Term Aa2 AA- AA AA (high)
Short-Term Debt P-1 A-1+ F1+ R-1 (high)

See also: RBC Credit Cards

Head office address:
200 Bay St., Royal Bank Plaza
Toronto, Ontario
M5J 2J5, Canada
Telephone: 1-888-212-5533
Toll Free: 800-769-2599
Fax: 416-955-7800

RBC Wealth Management
1055 West Georgia
33rd Floor Royal Centre
Vancouver, British Columbia V6E 3S5

345 California Street, Suite 2800
San Francisco, California 94104
United States
Tel: + 415-445-8422

1918 8th Avenue, Suite 3600
Seattle, Washington 98101-1214
United States
Tel: + 415-445-8422

4550 New Linden Hill Road
Suite 200
Wilmington, Delaware 19808
United States
Toll-free: 800 441 7698

Riverbank House
2 Swan Lane
London, EC4R 3BF
United Kingdom
Tel. +44-207-653-4000
(Calls may be recorded)

Lyford Cay House
Western Road
P.O Box N-3024
Nassau, Bahamas
Phone: + 1 242 702 5900