TORONTO, October 30, 2013 — RBC has been recognized as the "Best Private Bank in Canada" for a second consecutive year in the Global Private Banking Awards 2013 presented by PWM (Professional Wealth Management) and The Banker magazines, publications of the Financial Times Group, one of the world's leading business news and information organizations.
The prestigious award, presented today at the annual Awards
gala in Geneva, further demonstrates RBC's leadership position
in providing best-in-class wealth management solutions in
Canada. RBC was the first-ever recipient of the "Best
Private Bank in Canada" award in 2012 when the category
"This honour is yet another testament to the ongoing commitment of RBC Wealth Management to provide our clients with a world-class experience," said David Agnew, chief executive officer, RBC Wealth Management - Canada. "Our unparalleled team of advisors, investment counsellors, estate and trust professionals, wealth planning specialists and global support teams work hard every day, collaborating with partners from across RBC to provide our clients with comprehensive expertise and personalized solutions."
The PWM/The Banker Global Private Banking Awards recognize and reward excellence in wealth management among banks from the Americas, Europe, Asia, the Middle East and Africa, based on rigorous qualitative and quantitative criteria. These include progress against business model and growth strategies, client service, staff retention, as well as measures taken to build a client-centred culture.
"Being recognized once again for excellence in Private Banking in Canada speaks to the unparalleled strength of our advice and solutions," said Mary Holenski, head, RBC Private Banking. "This award is grounded on the commitment of our people to consistently live up to our values and deliver the best RBC has to offer to our valued clients."
The "Best Private Bank in Canada" award is the
latest recognition of RBC strengths. Earlier this month, RBC
Wealth Management was recognized as "Outstanding Wealth
Manager - Customer Relationship Service and Engagement"
and "Outstanding Private Bank - Digital Channels"
in the 2013 Private Banker International Global Wealth Awards.
Euromoney has recognized RBC as having the "Best Private
Banking Services Overall" in Canada for six straight
years. In July 2013, RBC Wealth Management was recognized
for the third year in a row as the world's sixth largest global
wealth manager in Scorpio Partnership's Global Private Banking
Benchmark, an annual survey of the global wealth industry.