A diversified financial service company which provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis.
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ProfileRoyal Bank of Canada200 Bay StreetRoyal Bank PlazaToronto, ON M5J 2J5Phone: 416-974-5151Fax: 416-955-7800Web Site: www.royalbank.comDETAILS Index Membership: N/A Sector: Financial Industry: Money Center Banks Employees (last reported count): 70,600 BUSINESS SUMMARY Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate, investment banking, and transaction processing services worldwide. Its Canadian Banking segment offers personal financial services, business financial services, and cards and payment solutions. The company?s Wealth Management segment provides wealth and asset management, and estate and trust services through financial consultants, advisors, private bankers, and trust officers. Its Insurance segment provides various life and health, home and auto, and travel insurance products; wealth accumulation solutions; and reinsurance products through retail insurance branches, call centers, independent insurance advisors and travel agencies, independent marketing organizations, financial institutions, and career sales force. The company?s International Banking segment offers various financial products and services to individuals, business clients, and public institutions in the U.S. and Caribbean. This segment also provides global custody, fund and pension administration, securities lending, shareholder services, analytics, and other related services to institutional investors. Royal Bank?s Capital Markets segment offers a range of corporate and investment banking, sales and trading, and research and related products and services to corporate, public sector, institutional and retail clients in North America; and various products, including fixed income, equity, foreign exchange, structured products, and investment banking internationally. As of October 31, 2009, the company operated 1,761 bank branches and 5,030 automated teller machines. Royal Bank of Canada was founded in 1864 and is headquartered in Toronto, Canada. ***All above information from YAHOO FINANCE***