Royal Bank of Canada is a Canadian financial services company; it is one of the largest banks in Canada and operates internationally, serving more than 16 million customers and employing some 80,000 staff. It is considered a ‘globally important bank’ by the Financial Stability Board.
RBC Europe
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First Glance
Royal Bank of Canada is a Canadian financial services company; it is one of the largest banks in Canada and operates internationally, serving more than 16 million customers and employing some 80,000 staff. It is considered a ‘globally important bank’ by the Financial Stability Board.
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About RBC Europe
Royal Bank of Canada is a Canadian financial services company; it is one of the largest banks in Canada and operates internationally, serving more than 16 million customers and employing some 80,000 staff. It is considered a ‘globally important bank’ by the Financial Stability Board.
RBC was founded as the Merchant’s Bank of Halifax in 1864 in Halifax, Nova Scotia to finance the fishing and timber industries, as well as to finance import and export into the Caribbean and Europe. The bank was officially incorporated in 1869 and underwent rapid expansion into other Canadian provinces over the next two decades. It was officially renamed Royal Bank of Canada in 1901 and relocated its headquarters to Montreal soon afterwards. A second headquarters is in Toronto.
RBC Europe operates as a subsidiary of Royal Bank of Canada. Originally named Royal Bank of Canada Europe Limited, the name was changed in August 2011. RBC Europe operates mostly in the United Kingdom.
RBC Europe Products and Services
RBC Europe provides financial products and services across five primary business divisions.
- RBC Investment and Treasury Services works with financial institutions and investment clients in more than 27 countries, delivering custody, payment, treasury and asset services aimed at maximising client liquidity.
- RBC Capital Markets works across corporate and investment banking, including currency, fixed income, equities and commodities.
- RBC’s Global Asset Management team provides customers with investment solutions, working across fixed income and equity assets.
- Bluebay Asset Management works with institutional clients, delivering fixed income products and selected classes of credit. Bluebay is a wholly owned subsidiary of RBC Europe and has been since 2010.
- RBC Wealth Management works with high net-worth clients to provide private banking and wealth management services.
RBC Europe Security
In the UK, RBC Europe is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority.
RBC Europe Bank Contact Details
Riverbank House
2 Swan Lane
London
EC4R 3BF
Telephone: 020 7653 4000
Email: [email protected]
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