RBC recognized for offering Best Private Banking Services in Canada, the Caribbean, Cayman Islands and Jersey
TORONTO, February 7, 2014 — RBC (RY on TSX and NYSE) has once again been recognized for excellence in Canada and globally in the 2014 Euromoney Private Banking and Wealth Management Survey, one of the leading benchmarks for the global wealth management industry, based primarily on rankings provided by industry peers. RBC earned awards for having the "Best Private Banking Services Overall" in Canada for an unprecedented seventh consecutive year, the Caribbean for the fifth year in a row, the Cayman Islands for the third year running and also in Jersey.
RBC also ranked in the top 10 for "Best Private Banking Services Overall" in North America with top 10 results across all categories, and in the top 15 for Bespoke Wealth Planning globally. Its trust capabilities earned a number-one ranking in Canada, the UK and Jersey.
"This recognition by our peers is a testament to the pride and care we take in enabling the success of our clients by providing them with trusted advice and a truly world-class experience," said George Lewis, group head, RBC Wealth Management & RBC Insurance. "As the sixth largest wealth manager in the world, we are able to bring a depth and breadth of global capabilities from across RBC for the benefit of our clients."
RBC's strength in Canada was further acknowledged through top rankings in a number of key categories, including Service for High Net Worth Clients at all asset levels (US$ 1 million+), Range of Investment Products, Bespoke Wealth Planning, Trust Services, Corporate Advisory for Private Banking clients and Privacy and Security.
"We are honoured to be recognized for our industry leadership year after year," said Mary Holenski, head, RBC Private Banking. "We could not have received this distinction without the hard work, integrity and leadership of our RBC employees and their commitment to provide integrated holistic advice, unparalleled service and sophisticated, comprehensive solutions to our high-net-worth families. This acknowledgement reflects our differentiated, relationship-based approach and commitment to collaborate across the RBC enterprise to bring our clients the best RBC has to offer."
RBC's accomplishments in the Euromoney survey add to its recent recognition
as "Private Bank of the Year" in the global 2013 Spear's Wealth
Management Awards; "Best Private Bank in Canada" in the 2013
Global Private Banking Awards; and "Outstanding Wealth Manager -
Customer Relationship Service and Engagement" in the 2013 Private
Banker International Global Wealth Awards.