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Royal Bank of Canada · Toronto, ON Canada ·(NYSE: RY)(Toronto: RY)

Company Description

200 Bay St. Royal Bank Plaza
Toronto, ON
M5J 2-J5
Canada (Map)
Phone: +1-416-974-5151
Fax: +1-416-955-7800
Rankings
  • #91 in FT Global 500
  • TSX 60
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Royal Bank of Canada reigns as Canada's banking monarch. Canada's largest bank, also known as RBC Financial Group, has five segments: Canadian banking (including business and retail banking and investment), wealth management (asset management and trust services for wealthy clients), insurance (active in Canada and the US), international banking, and capital markets (global wholesale business). In addition to more than 1,100 domestic locations, the bank has about 125 offices in the Caribbean and operations in some 50 countries. Its US operations include RBC Bank (USA) in the Southeast, RBC Dominion Securities, and RBC Wealth ManagementTo read the full description, subscribe now.
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Key Royal Bank of Canada Financials

Company TypePublic - NYSE: RY - Toronto: RY

Headquarters
Fiscal Year-EndOctober
2008 Sales (mil.)$17,848.3
2008 Employees80,000

Royal Bank of Canada Executives

63 executives listed for Royal Bank of Canada's Toronto, ON location.
TitleName & BioContact
ChairmanDavid O'BrienNetwork
Charles TimmonsNetwork
President, CEO, and DirectorJanice FukakusaNetwork

Competition

Competitive Landscape for Royal Bank of Canada
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top Royal Bank of Canada Competitors
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