Royal Bank of Canada began in the city of Halifax. This is the largest Canadian bank. This conclusion is based on the bank's revenues, market capitalization and financial deposits. This institution is also among the largest banks in the world.
It has its operations in Canada and also worldwide and this makes it an international financial institution. Its branches can be found in USA, Caribbeans and in forty eight countries globally. Its client base in Canada and other parts of the world runs into millions. This bank is divided into five business department.
First there is the Canadian Banking section that provides business financial services and personal banking services to residents of Canada. It does this though ATM network, thousands of branches in Canada, contact centers and internet banking services. It serves approximately ten million Canadian clients.
Then there is its international banking segment which comprises of banking services in the US where it has over 400 branches. It also has a large client base in Caribbean countries where it has over 120 branches. It also serves clients in other 48 countries internationally.
The capital market department offers advice related to finance to government and corporates. This has to do with innovative products and global financial markets to assist the organizations in achieving growth objectives. The bank is actually recognized as being among the 15 leading international investment institutions.
The bank also offers insurance services. Canadian residents and businesses are provided with insurance services. These services include health insurance, home insurance, auto insurance, travel insurance among several others.
The last section is the wealth management department. This department enables the bank's clients to transfer, grow and protect their wealth. This service is offered internationally and serves high net worth clients who are also affluent. The department offers trust services, estate management services and asset management services directly to its customers.
This bank has also been recognized as a leader in diversity. This can be seen by looking at the composition of the workforce. This institution employs many women and also appoints them to senior positions. It also employs people regarded to be in the visible minority group. People with disabilities are also fairly considered.
Royal Bank of Canada is recognized not only for banking services but for corporate social responsibility too. It gives donations to works of charity all over the world. It sponsors athletics and sports both internationally and locally. Different programs regarding environmental preservation have also been initiated by this bank.
It has its operations in Canada and also worldwide and this makes it an international financial institution. Its branches can be found in USA, Caribbeans and in forty eight countries globally. Its client base in Canada and other parts of the world runs into millions. This bank is divided into five business department.
First there is the Canadian Banking section that provides business financial services and personal banking services to residents of Canada. It does this though ATM network, thousands of branches in Canada, contact centers and internet banking services. It serves approximately ten million Canadian clients.
Then there is its international banking segment which comprises of banking services in the US where it has over 400 branches. It also has a large client base in Caribbean countries where it has over 120 branches. It also serves clients in other 48 countries internationally.
The capital market department offers advice related to finance to government and corporates. This has to do with innovative products and global financial markets to assist the organizations in achieving growth objectives. The bank is actually recognized as being among the 15 leading international investment institutions.
The bank also offers insurance services. Canadian residents and businesses are provided with insurance services. These services include health insurance, home insurance, auto insurance, travel insurance among several others.
The last section is the wealth management department. This department enables the bank's clients to transfer, grow and protect their wealth. This service is offered internationally and serves high net worth clients who are also affluent. The department offers trust services, estate management services and asset management services directly to its customers.
This bank has also been recognized as a leader in diversity. This can be seen by looking at the composition of the workforce. This institution employs many women and also appoints them to senior positions. It also employs people regarded to be in the visible minority group. People with disabilities are also fairly considered.
Royal Bank of Canada is recognized not only for banking services but for corporate social responsibility too. It gives donations to works of charity all over the world. It sponsors athletics and sports both internationally and locally. Different programs regarding environmental preservation have also been initiated by this bank.
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