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Corporate Profile

 

RBC named in global Top 20 of private banks, according to Euromoney Magazine

January 2006 — Royal Bank of Canada moved up five spots to No. 18 of top private banks in the world, according to Euromoney Magazine. Euromoney's third annual private banking survey recognized Royal Bank of Canada's market leadership in a number of areas:

One of the Top 5 private banks in North America
One of the Top 10 private banks in Latin America
One of the Top 5 private banks in the UAE
One of the Top 10 offshore private banks servicing South Africa

No. 1 private bank in Grand Cayman
No. 2 private bank in Canada
No. 4 private bank in the Bahamas

Global Top 10 for international trust
No. 1 and No. 2 spots for international trust in the UK (RBC and recently acquired Abacus Financial Services Group)
No. 3 for Trust Services in Singapore

The Euromoney private banking survey has been designed to provide a qualitative and quantitative review of the best services in private banking, organized by region and areas of service. It also aims to be an informative guide for high net-worth individuals on the range of service providers that are available.

The structure of the survey questionnaire and the way in which scores were calculated are designed to highlight the firms that provide the most services at the highest level with the greatest success.

 

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