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Values |
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Excellent service to clients and each other |
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Working together to succeed |
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Personal responsibility for
high performance |
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Diversity for growth and innovation |
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Trust through integrity in everything we do |
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Goals |
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To be recognized as: |
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The undisputed lead provider of integrated financial
services in Canada |
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A best-in-class provider of personal and business financial
services in the United States |
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A premier provider of selected global financial services |
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Strategic priorities |
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Strong fundamentals |
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Superior client experience |
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Cross-enterprise leverage |
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North American expansion |
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Corporate profile
Royal Bank of Canada, which trades as RY on the TSX and NYSE, and
its subsidiaries operate under the masterbrand RBC Financial Group
and may be referred to in this text as RBC. We are Canada’s
largest bank as measured by market capitalization and assets, and
one of North America’s leading diversified financial services
companies. We employ over 60,000 people who serve more than 12
million personal, business and public sector clients through offices
in North America and some 30 countries around the world.
In Canada, we have strong positions in all businesses.
In personal and commercial banking, we rank first or second in most
retail products including mortgages and deposits. In investments,
we have the leading full-service brokerage operation (by assets),
the top mutual fund provider among Canadian banks and the second-largest
self-directed brokerage operation (by assets). We are the largest
Canadian bank-owned insurer, one of the fastest growing in Canada,
and a leader in travel insurance, creditor products and individual
disability insurance. In corporate and investment banking, we continue
to be the top-ranked securities underwriter and a leading mergers
and acquisitions advisor. We also have by far the largest custody
operations in the country. Our domestic delivery network includes
1,433 branches and other units, and 3,999 banking machines. Currently,
we have 3.1 million online and 2.4 million telephone clients.
In the United States, we provide personal and
commercial banking, mortgage origination, insurance, full-service
brokerage and corporate and investment banking services to over two
million clients through RBC Centura, RBC Mortgage, RBC Builder Finance,
RBC Insurance, RBC Liberty Insurance, RBC Dain Rauscher and RBC Capital
Markets.
We also have a retail network in the Caribbean
and the Bahamas. Outside North America, we provide corporate and
investment banking, trade finance, correspondent banking, treasury
and securities custody services to business clients, and private
banking services to individuals. We also have a presence in the global
reinsurance market.
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