NEW YORK, March 1, 2012 — Global Finance magazine recently named RBC the safest bank in North America and the 10th safest bank globally. The ratings are based on an evaluation of total assets and long-term credit ratings.
This award highlights the strength of our disciplined growth strategy and our diversified business mix. Our financial strength and stability and our reputation for integrity have allowed us to continue supporting our clients and investing for growth, even as regulatory changes and the economic environment have redefined the marketplace. We believe that we are very well positioned to extend on our lead in Canada and build client relationships in select U.S. and international markets, while maintaining a strong capital position and strict risk and cost discipline.
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