Being an internet pioneer Royal Bank became the first Canadian bank to offer information online. Today, RBC Online Banking gets over 11 million visits per month and around 360,000 visits per day. Canada’s largest bank, which has more than 12 million personal, business and public sector customers trades as RY on the TSX and NYSE.
Royal Bank of Canada (RBC) trades as RY on the TSX and NYSE, and its subsidiaries operate under the masterbrand RBC Financial Group, and has five major lines of business: personal and commercial banking (RBC Banking), wealth management (RBC Investments), insurance (RBC Insurance), corporate and investment banking (RBC Capital Markets) and securities custody and transaction processing (RBC Global Services). RBC is one of North America’s premier diversified financial services companies and is one of Canada’s largest company as measured by assets and market capitalization.
Royal Bank serves more than 12 million personal, business and public sector clients worldwide from offices in more than 30 countries.In Canada, Royal Bank has strong positions in all lines of business. In personal and commercial banking, Royal Bank ranks first or second in most retail products including mortgages and deposits. In wealth management, they have the leading full-service brokerage operation (by assets), the largest private bank, the top mutual fund provider among Canadian banks and the second-largest self-directed brokerage operation (by accounts). In corporate and investment banking, Royal Bank continues to be the top-ranked securities underwriter and a leading mergers & acquisitions (M&A) advisor. Royal Bank is the largest Canadian bank-owned insurer, one of the fastest growing in the country, and a leader in travel insurance and creditor products. Royal Bank also has by far the largest custody operations in the country. Their domestic delivery network includes 1,311 branches and other units, and 4,151 banking machines. Currently, Royal Bank has 2.5 million online customers and 2.4 million telephone clients.
A few of the acquisitions since 2000 from Royal Bank include PruCan’s Individual Life Insurance and Annuity Business and 15% of PPI Partners, Ernst & Young Trust Company (Jersey) Limited, Prism Financial Corporation, Liberty Life and Liberty Insurance Services, Perpetual Fund Services, Centura Banks Inc., Eagle Bancshares Inc., Barclays’ Private Banking Operations in the Americas, Admiralty Bancorp Inc., Sterling Capital Mortgage Co., Florida Branch Network of Provident Financial and Business Men’s Assurance Co. and Jones & Babson.
Canadian Personal Loans including mortgage loans, rates, rewards, visa accounts, and more can be found in our Canada banking section (Montreal, Toronto, Calgary) . If you live in Scotland, you may want to check out our UK Credit section which includes student cards and personal loans. For residents of the US, specifically Missouri and PA go direct to our mortgage center.