Royal Bank of Canada provides resegmented Q2 2008 Supplementary
Financial Information
TORONTO, August 6, 2008 — Royal Bank of Canada
(RY on TSX and NYSE) today announced that revised Q2 2008
Supplementary Financial Information is now available on its
website.
The historical comparative segment financial information
was revised to reflect the realignment of its business segments,
effective May 1, 2008 which was announced on April 11, 2008.
The realignment resulted in the creation of a new Insurance
segment, formerly a business under Canadian Banking, which
provides a wide range of creditor, life, health, travel, home
and auto insurance products and services to individual and
business clients in Canada and the U.S. as well as reinsurance
for clients globally.
The realignment also resulted in the U.S. & International
Banking segment being renamed as International Banking. Royal
Bank of Canada now consists of five business segments: Canadian
Banking, Wealth Management, Insurance, International Banking
and Capital Markets.
The revised historical segment financial information for
Canadian Banking and Insurance does not impact the previously
reported consolidated financial information of Royal Bank
of Canada.
The revised Q2 2008 Supplementary Financial Information reflecting
the new reporting segments is available for download at www.rbc.com/investorrelations/ir_quarterly.html.
For further information please visit: www.rbc.com/investorrelations.
- 30 -
Investor contact:
Bill Anderson, Director, Investor Relations, (416) 955-7804,
william.anderson@rbc.com
Media contact:
Beja Rodeck, Director, Media Relations, (416) 974-5506,
beja.rodeck@rbc.com
|