Canada markets close in 2 hours 30 minutes

Royal Bank of Canada (RY.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
116.65-2.05 (-1.73%)
As of 01:30PM EDT. Market open.

Royal Bank of Canada

Royal Bank Plaza
200 Bay Street
Toronto, ON M5J 2J5
Canada
888-212-5533
https://www.rbc.com

Sector(s)Financial Services
IndustryBanks—Diversified
Full Time Employees93,753

Key Executives

NameTitlePayExercisedYear Born
Mr. David I. McKayPres, CEO & Director4.54MN/A1963
Ms. Nadine AhnChief Financial Officer1.55MN/A1971
Mr. Neil McLaughlinGroup Head of Personal & Commercial Banking2.15MN/AN/A
Mr. Douglas Antony GuzmanGroup Head of Wealth Management, Insurance, Investor & Treasury Services1.75MN/AN/A
Mr. Derek Neldner CFAGroup Head & CEO of RBC Capital Markets3.43MN/AN/A
Mr. Bruce RossGroup Head of Technology & OperationsN/AN/AN/A
Mr. Christoph KnoessChief Admin. & Strategy OfficerN/AN/AN/A
Mr. Asim ImranVP & Head of Investor RelationsN/AN/AN/A
Ms. Maria DouvasChief Legal OfficerN/AN/AN/A
Ms. Amy CairncrossSr. VP of CommunicationsN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

Corporate Governance

Royal Bank of Canada’s ISS Governance QualityScore as of September 28, 2023 is 2. The pillar scores are Audit: 4; Board: 2; Shareholder Rights: 8; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.