RY 📈 Royal Bank of Canada - Overview

Royal Bank of Canada is a global financial services company with a wide range of offerings, including personal and commercial banking, wealth management, insurance, and capital markets. The company's Personal & Commercial Banking segment provides an array of financial products and services, such as checking and savings accounts, home equity financing, and credit cards, to individuals and small to medium-sized businesses. Additionally, this segment offers lending, leasing, and investment services, as well as foreign exchange and cash management solutions, all of which are accessible through various channels, including branches, automated teller machines, and mobile sales networks.

The company's Wealth Management segment is geared towards high net worth and ultra-high net worth individuals, as well as institutional clients, providing them with a comprehensive suite of wealth, investment, trust, and banking solutions. This segment also offers asset management products to both institutional and individual clients, and provides asset and investor services to financial institutions, asset managers, and asset owners. By leveraging its expertise and resources, Royal Bank of Canada's Wealth Management segment is able to deliver tailored advice and strategies to its clients, helping them achieve their financial goals.

Royal Bank of Canada's Insurance segment provides a broad range of insurance products and services, including life, health, home, auto, and travel insurance, as well as annuities and reinsurance solutions. The company's insurance offerings are available to individual, business, and group clients, and can be accessed through various channels, such as advice centers, RBC insurance stores, mobile advisors, digital platforms, and independent brokers and partners. By offering a diverse range of insurance products and services, the company is able to help its clients manage risk and protect their assets.

The company's Capital Markets segment provides advisory and origination, sales and trading, lending and financing, and transaction banking services to a diverse range of clients, including corporations, institutional clients, asset managers, private equity firms, and governments. This segment leverages the company's expertise and resources to deliver tailored solutions and strategies to its clients, helping them achieve their financial objectives. With a history dating back to 1864, Royal Bank of Canada has established itself as a leading global financial services company, with a strong presence in Canada and a significant footprint in international markets.

Royal Bank of Canada is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol NYSE:RY, and its common stock is classified under the GICS Sub Industry of Diversified Banks. The company's web presence can be found at https://www.rbc.com, and its ISIN is CA7800871021. With a long history of providing financial services to individuals, businesses, and institutions, Royal Bank of Canada has established itself as a trusted and reliable partner in the global financial community.