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Royal Bank of Canada T.RY

Alternate Symbol(s):  RY | T.RY.PR.J | RBCPF | T.RY.PR.M | RBMCF | T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.


TSX:RY - Post by User

Comment by TheBridgeon Sep 13, 2024 10:57am
157 Views
Post# 36222228

RE:RE:Outrageous Amount

RE:RE:Outrageous Amountsmush74, truly appreciate you providing these facts. If we're going to handout options, I would have preferred him to be given the 81,944 options after the share split rather than just prior to it.
smush74 wrote: have you been reading RY financials and performance especially vs its peers?

Guzman has been RBC’s group head of wealth management and insurance since 2015. His total compensation was $7.6 million in 2023, up from $7.5 million in 2022 but down from $8 million in 2021.

Per the bank, Guzman’s 2023 performance highlights included:

  • Maintained the largest market share in Canadian mutual funds.
  • Maintained the largest market share in Canadian ETFs.
  • Launched two portfolios in the U.S. market from an internally constructed ESG framework, and supported advisors through ESG-related training.
His compensation reflects directly the performance of his duties as head of Wealth management and its success to RY's bottom line.

The options are part of his benefit package



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