RBC donates $50,000 to Red Cross to support
Oklahoma tornado relief efforts
MINNEAPOLIS and NEW YORK, May 22, 2013 - Royal Bank
of Canada (RBC) today announced a $50,000 donation by the
RBC Foundation USA, a charitable entity funded jointly by
the bank's Capital Markets and Wealth Management businesses
in the U.S., to the American Red Cross Disaster Relief Fund
to support the relief and humanitarian efforts in Oklahoma.
"RBC is committed to helping residents recover and rebuild
from this powerful tornado," said John Taft, CEO of RBC
Wealth Management, U.S. "We are proud to partner with
the Red Cross in support of their relief efforts in aiding
those affected by this devastating event."
"In the aftermath of this tragedy and the remarkable
scenes of bravery, our hearts and our thoughts go out to the
many people impacted," said Deborah Freer, COO of RBC
Capital Markets, U.S. "RBC is honored to contribute to
help the ongoing recovery and assistance efforts."
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries
operate under the master brand name RBC. We are Canada's largest
bank as measured by assets and market capitalization, and
are among the largest banks in the world, based on market
capitalization. We are one of North America's leading diversified
financial services companies, and provide personal and commercial
banking, wealth management services, insurance, and investor
services and wholesale banking on a global basis. We employ
approximately 80,000 full- and part-time employees who serve
more than 15 million personal, business, public sector and
institutional clients through offices in Canada, the U.S.
and 49 other countries. For more information, please visit
RBC supports a broad range of community initiatives through
donations, sponsorships and employee volunteer activities.
In 2012, RBC contributed more than C$95 million to causes
worldwide, including donations and community investments of
more than C$64 million and C$31 million in sponsorships.
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