Royal Bank of CanadaToronto, Canada (NYSE: RY)

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RBC Financial Group Company Description

Royal Bank of Canada sits enthroned as Canada's banking monarch. Also known as RBC Financial Group -- and Canada's largest financial institution -- the bank operates in three segments: Canadian consumer, which includes banking, investments, and insurance; international consumer (banking and investments in the US and abroad); and global wholesale (capital markets and corporate and commercial banking). In addition to more than 1,300 domestic locations, the bank has about 40 offices in the Caribbean and more in some 30 countries. Its US operations include RBC Bank (formerly RBC Centura Banks), which operates in the Southeast, investment bank RBC Capital Markets, and RBC Wealth Management.

View the Comprehensive Company Description for RBC Financial Group

The Company Description provides a historical perspective of RBC Financial Group's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of RBC Financial Group's evolution in the marketplace.

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