The Royal Bank of Canada TSX: RY NYSE: RY is Canada's largest chartered bank. It has over 1,300 branches across Canada and has offices in over 30 countries. Its primary marketing name is now RBC and that name is used on all its business units, which are collectively known as RBC Financial Group. For example, RBC's investment banking operations are done under the name RBC Capital Markets. RBC now has a large retail banking presence in the southeastern United States, marketing itself there as RBC Centura (Centura was the North Carolina based bank RBC purchased in 2001 to establish its U.S. foothold). RBC Centura is based in Rocky Mount, North Carolina. Image File history File links Royal Bank of Canada Logo. ... Former logo of the Toronto Stock Exchange prior to the switch to TSX. The Toronto Stock Exchange (TSX) is Canadas largest stock exchange, and the division of the TSX Group that holds senior equities. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the largest stock exchange in the world, although its trading volume was exceeded by that of NASDAQ (historic comparison graph {pdf}) during the 1990s. ... // Government Bank of Canada Business Development Bank of Canada Big six banks Royal Bank of Canada TD Canada Trust (Toronto-Dominion Bank group) Canadian Imperial Bank of Commerce Bank of Montreal (BMO Financial Group) Bank of Nova Scotia National Bank of Canada Other banks Alberta Treasury Branches Alterna Bank (virtual... Investment banks assist corporations in raising funds in the public markets (both equity and debt), as well as provide strategic advisory services for mergers, acquisitions and other types of transactions. ... Jump to: navigation, search State nickname: Tar Heel State; Old North State Other U.S. States Capital Raleigh Largest city Charlotte Governor Michael Easley (D) Senators Elizabeth Dole (R) Richard Burr (R) Official languages English Area 139,509 km² (28th)  - Land 126,256 km²  - Water 13,227 km² (9. ... Jump to: navigation, search 2001: A Space Odyssey. ... Rocky Mount is a city located in North Carolina. ...

RBC has carved out a name for itself as a leader in the Caribbean region. RBC Royal Bank maintains a profitable base from its Caribbean operations, and has retained high brand recognition among its other top competitors. RBC is especially known in the anglophone Caribbean for its various personal and business banking services in retailing, loans, and credit offerings. ...

History

Timeline

• Merchants Bank founded in Halifax 1864
• Changed named to Merchants' Bank of Halifax 1869
• Expansion in Maritime Provinces 1870-1880s
• Bermuda office opens 1882
• Havana office opens 1898
• Name changed to Royal Bank of Canada 1901
• Head Office moved from Halifax to Montreal 1907

The bank's symbol is a golden lion clutching a globe, on a blue background. An older version had a crown above the globe and had the lion facing to the left rather than the right. RBC is currently headquartered in downtown Toronto, Ontario at the Royal Bank Plaza. {{Hide = {{{Disable Motto Link}}}}} Motto: {{Unhide = {{{Disable Motto Link}}}}} E Mari Merces (Wealth from the Sea) City Symbol: Kingfisher Halifax Regional Municipality, Nova Scotia, Canada location. ... Jump to: navigation, search 1864 was a leap year starting on Friday (see link for calendar). ... Jump to: navigation, search 1869 is a common year starting on Friday (link will take you to calendar). ... Jump to: navigation, search The Maritime Provinces, or simply the Maritimes, constitute a region of Canada on the Atlantic coast, consisting of New Brunswick, Nova Scotia and Prince Edward Island. ... 1870 was a common year starting on Saturday (see link for calendar). ... Jump to: navigation, search 1880 was a leap year starting on Thursday (see link for calendar). ... 1882 was a common year starting on Sunday (see link for calendar). ... Havana (Spanish: San Cristóbal de La Habana; UN/LOCODE: Habana (CU HAV)) is the capital of Cuba and, with a population of 2. ... Jump to: navigation, search 1898 was a common year starting on Saturday (see link for calendar). ... Jump to: navigation, search 1901 was a common year starting on Tuesday (see link for calendar). ... Jump to: navigation, search City motto: Concordia Salus (Latin: Well-being through harmony) Province Quebec Mayor Gérald Tremblay Area  - % water 500. ... 1907 was a common year starting on Tuesday (see link for calendar). ... Jump to: navigation, search Binomial name Panthera leo (Linnaeus, 1758) The Lion (Panthera leo) is a mammal of the family Felidae. ... Motto: Diversity Our Strength Map of Ontario Counties, Toronto being red Area: 641 sq. ... Categories: Buildings and structures stubs | Skyscrapers | Toronto buildings | Canadian skyscrapers ...

On May 31, 2004, a problem during a routine software update affected the accounts of ten million customers. For three days, the entire RBC system failed to register withdrawals and deposits against customer balances. The problem cost the bank C$9 million to resolve. Jump to: navigation, search May 31 is the 151st day of the year in the Gregorian calendar (152nd in leap years), with 214 days remaining, as the last day of May. ... Jump to: navigation, search 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... The Canadian dollar, CAD or C$, is the unit of currency of Canada. ...

In the November 22-December 5, 2004 issue of Canadian Business magazine, the Royal Bank of Canada was ranked the most valuable Canadian brand, with an estimated value of C$4.4 billion. Canadian Business is the longest-publishing business magazine in Canada. ... Jump to: navigation, search This article is about the concept in marketing. ...

Mergers

Like many Canadian banks, Royal Bank grew through expansion and mergers:

• Union Bank of Halifax 1910
• Traders Bank of Canada 1912
• Quebec Bank 1917
• Northern Crown Bank 1918
• Union Bank of Canada 1925.
• Royal Trust 1993

The Union Bank of Halifax was granted a charter by the government of Canada in 1856 and established its head office at the corner of Hollis and Prince Streets in the port city of Halifax, Nova Scotia. ...

Corporate governance

Presidents

• Thomas E. Kenny 1879-1908
• Herbert Samuel Holt (1908-1934)
• Morris Wilson 1934-1946
• James Muir 1949-1960
• Earle McLaughlin 1960-1979
• Rowland Frazee 1979-1986

Chair Morris Wilson is a former Kansas resident whose photograph was entered into evidence in the federal murder trial of convicted Oklahoma City Bombing accomplice Terry Nichols. ... Rowland C. Frazee is a Canadian banker and former Chairman and Chief Executive Officer of the Royal Bank of Canada from 1979 to 1986. ...

• Allan Taylor 1986-1995
• John E. Cleghorn 1995-2001
• Gord Nixon 2001-present

Current members of the board of directors are: Geoffrey Beattie, George Cohon, Douglas Elix, John Ferguson, Paule Gauthier, Jacques Lamarre, Brandt Louie, Gordon Nixon, David O'Brien, Robert Peterson, Pedro Reinhard, Cecil Sewell, Kathleen Taylor, Victor Young. John Edward Cleghorn (born July 7, 1941) is a Canadian businessman and former Chairman and Chief Executive Officer of the Royal Bank of Canada from 1994 until 2001. ... Jump to: navigation, search Gordon M. Gord Nixon (born 1957) is the President and CEO of the Royal Bank of Canada. ... A board of directors is a group of individuals chosen by the stockholders of a company to promote their interests through the governance of the company. ... George A. Cohon, O.C., O.Ont. ... The Honourable Paule Gauthier, QC, is a Canadian lawyer, arbitrator and public servant. ...

Membership

RBC is a member of the Canadian Bankers Association (CBA) and registered member with the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of: The Canadian Bankers Association is an organization representing Canadas chartered banks and provides services to improve the wellbeing of its membership (banking lobby, policy development, research and support) and to consumers of banking services. ... Canadian Deposit Insurance Corporation or CDIC is a federal agency that provides insurance (up to a $60,000 CAD per personal and on Canadian accounts only) on financial services provided by chartered Canadian banks and financial institutions. ...

• Interac
• VISA International
• Plus Network for VISA card users
• NYCE ATM Network

Interac Logo Interac Association is a Canadian organization linking enterprises that have proprietary networks so that they may communicate with each other for the purpose of exchanging electronic financial transactions. ... Visa or VISA has several meanings: Look up visa in Wiktionary, the free dictionary Visa (document) — a document required to enter a specific country. ... Plus Network allows VISA and bank cards with Plus access to ATM or ABM network world-wide. ... NYCE based in Montvale NJ developed a ATM network that allows card holders to make purchases with retailers with NYCE access using point of sale devices or POS and related ATMs in the United States. ...

External links

• RBC Financial Group
• RBC Royal Bank
• RBC Centura
• RBC Royal Bank of Canada (Caribbean and Bahamas)

Commercial banks in Canada
Alberta Treasury Branches | Bank of Montreal | BDC | CIBC | CTFS | Canadian Western Bank | First Nations | Laurentian Bank | Manulife | National Bank | President's Choice Financial | RBC | Scotiabank | TD Canada Trust