All Brands Owned by Royal Bank of Canada

What does Royal Bank of Canada own?

RBC owns a universal banking franchise spanning personal and commercial banking, wealth management, insurance, and capital markets, plus U.S. subsidiaries including City National Bank, RBC Wealth Management, and RBC Capital Markets.

Is Royal Bank of Canada publicly traded?

Yes. RBC trades on the Toronto Stock Exchange and the New York Stock Exchange under the ticker RY. It is Canada's largest company by market capitalization.

Who founded Royal Bank of Canada?

RBC was founded in 1864 in Halifax by local merchants as the Merchants Bank of Halifax. No single individual is credited as sole founder; it was established by a group of business interests.

Where is Royal Bank of Canada headquartered?

RBC is headquartered in Toronto, Ontario, at Royal Bank Plaza in the financial district. It moved its head office from Montreal to Toronto in the late twentieth century.

How many brands does Royal Bank of Canada own?

RBC operates primarily under the unified RBC brand, with City National Bank as its major distinct subsidiary brand in the United States. Its other businesses run under RBC naming.

Who owns Royal Bank of Canada?

The bank is owned by public shareholders with no controlling holder. Canadian and international institutional investors and pension funds hold the largest stakes in a widely dispersed register.

Does RBC own City National Bank?

Yes. RBC acquired City National Bank in 2015 for approximately $5.4 billion. The Los Angeles bank operates as a wholly owned subsidiary under its own brand inside RBC's U.S. holding structure.