- "Best Private Bank in Canada" at PWM/The Banker Global
Private Banking Awards 2016
- "Outstanding Global Private Bank - North America" at Private Banker
International Global Wealth Awards 2016
TORONTO, Oct. 27, 2016 /CNW/ - RBC Wealth Management
("RBC"), part of Royal Bank of Canada (RY on TSX and NYSE), has won two
industry accolades for its commitment to providing clients with
premier wealth management capabilities and unparalleled customer
service.
For a fifth consecutive year, RBC received top honours for
"Best Private Bank in Canada" at the 2016 PWM/The Banker
Global Private Banking Awards. RBC was also a finalist for
"Best Private Bank for International Customer
Service." The awards were presented earlier this week in
London. The PWM/The Banker
Global Private Banking Awards reward excellence in wealth
management among banks from the Americas, Europe, Asia,
the Middle East and Africa, based on rigorous qualitative and
quantitative criteria.
At the 2016 Private Banker International Global Wealth
Awards, announced earlier this month, RBC won for
"Outstanding Global Private Bank - North America" and was also a finalist for
"Outstanding Wealth Manager - Customer Relationship Service and
Engagement." The Private Banker International Global Wealth
Awards recognize industry-leading wealth management firms,
individuals and organizations that are setting new standards for
the industry.
"These awards reflect our dedication to helping clients thrive
and achieve their long-term financial goals," said Doug Guzman, group head, RBC Wealth Management
& RBC Insurance. "As client expectations evolve, we are
continually challenging ourselves to find more and better ways to
add value as one of the world's most trusted and successful
financial institutions."
RBC Wealth Management was also named in 2016, for a third
consecutive year, as the fifth-largest wealth manager in the world
by Scorpio Partnership's Global Private Banking KPI Benchmark 2016,
an annual survey of the global wealth management industry. The firm
was also recognized in 2016 for 17 awards by the Euromoney
Private Banking and Wealth Management Survey, including
"Best Private Banking Services Overall" in Canada for the ninth consecutive year.
About RBC Wealth Management
RBC Wealth Management is one of the world's top five largest
wealth managers*. RBC Wealth Management directly serves affluent,
high net worth and ultra-high net worth clients globally with a
full suite of banking, investment, trust and other wealth
management solutions, from our key operational hubs in Canada, the United
States, the British Isles, and Asia. The business also provides asset
management products and services directly and through RBC and third
party distributors to institutional and individual clients, through
its RBC Global Asset Management business (which includes BlueBay
Asset Management). RBC Wealth Management has more than C$766 billion of assets under administration,
more than C$559 billion of assets
under management and 4,716 financial consultants, advisors, private
bankers, and trust officers. For more information, please
visit www.rbcwealthmanagement.com.
*Scorpio Partnership Global Private Banking KPI Benchmark 2016.
In the United States, securities
are offered through RBC Wealth Management, a division of RBC
Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of
Canada. Member
NYSE/FINRA/SIPC.
ABOUT RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest
banks in the world, based on market capitalization. We are one of
North America's leading
diversified financial services companies, and provide personal and
commercial banking, wealth management, insurance, investor services
and capital markets products and services on a global basis. We
have over 80,000 full- and part-time employees who serve more than
16 million personal, business, public sector and institutional
clients through offices in Canada,
the U.S. and 36 other countries. For more information, please visit
rbc.com.
RBC helps communities prosper, supporting a broad range of
community initiatives through donations, community investments,
sponsorships and employee volunteer activities. In 2015, we
contributed more than $121 million to
causes around the world.
SOURCE RBC Wealth Management