TORONTO, March 25, 2013 — The Royal Bank has been named the Best Bank in North America and Canada 2013 by Global Finance magazine.
The awards name the world's best developed market banks, selected by the editors of Global Finance after extensive consultations with bankers, corporate financial executives and analysts throughout the world.
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.
Winners of Global Finance's best bank awards were selected based
on performance over the past year and other subjective criteria, including
reputation and management excellence. Global Finance made the selections
after extensive consultations with bankers, corporate financial executives
and analysts throughout the world.