"Canadian Private Bank", "Leading Individual" and "Global Custodian"
wins for RBC
TORONTO, March 17, 2014 /CNW/ - RBC has taken home three awards and was
shortlisted for six others in the first-ever Family Wealth Report
Awards. RBC was recognized as the leading "Canadian Private Bank",
while John Taft, CEO of RBC Wealth Management - U.S. was honoured with
a "Leading Individual" award and RBC Investor & Treasury Services took
the top spot in the "Global Custodian" category.
RBC's "Canadian Private Bank" award is the latest in a string of global
awards recognizing its industry-leading offering to high net worth and
ultra high net worth clients in Canada, including accolades for "Best
Private Banking Services in Canada Overall" for seven years running in
the Euromoney Private Banking and Wealth Management Survey and "Best
Private Bank in Canada" for two consecutive years in the Global Private
Banking Awards.
"This prestigious award speaks to our collaborative culture and to our
unparalleled approach to delivering the best RBC has to offer to our
high-net-worth families," said Mary Holenski, head, RBC Private
Banking.
The Family Wealth Report Awards also recognized John Taft, chief
executive officer of RBC Wealth Management - U.S. as a leading
individual in the industry. "I am honoured to receive this generous
acknowledgement from my peers in the industry," said Taft.
Commenting on the award, George Lewis, Group Head, RBC Wealth Management
& RBC Insurance said: "While being recognized as a leading individual
in the industry is no small feat, this award is very well earned as
John consistently, and with great commitment, applies his voice,
visibility and influence to lead positive change within the industry,
our business and the community. John actively strives to enact changes
that benefit clients and reinforce integrity in the industry and is a
strong and very public advocate for stewardship and diversity."
At a global level, RBC Investor & Treasury Services was honoured with a
"Global Custodian" award, based on the reliability and strength of its
custody business which provides excellence in custody services to
private clients.
In addition to its award wins, RBC was shortlisted for six other Family
Wealth Report Awards:
-
RBC Wealth Management for Private Bank - Offering for Family Offices
-
RBC Wealth Management for Outstanding Contribution to Thought Leadership
-
RBC Wealth Management for Women in Wealth Management
-
RBC Wealth Management for Brand Launch/Relaunch, Print and Online
-
RBC Global Asset Management for Private Client Investment Platform
-
RBC Global Asset Management for Fund Manager
The Family Wealth Report Awards celebrate best-in-class providers of
private banking and wealth management services, with winners selected
by a panel of judges based on their demonstrated innovation and
excellence during 2013.
About RBC Wealth Management
RBC Wealth Management is one of the world's top 10 largest wealth managers*. RBC Wealth
Management directly serves affluent, high-net-worth and ultra-high net
worth clients in Canada, the United States, Latin America, Europe, the
Middle East, Africa, and Asia with a full suite of banking, investment,
trust and other wealth management solutions. 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$675
billion of assets under administration, more than C$411 billion of
assets under management and over 4,400 financial consultants, advisors,
private bankers, and trust officers. For more information, please visit
www.rbcwealthmanagement.com.
About RBC Investor & Treasury Services
RBC Investor & Treasury Services (RBC I&TS) is a leading specialist
provider of asset servicing, custody, payments and treasury services
for financial and other institutional investors worldwide. We serve
clients from 19 locations across North America, Europe and the
Asia-Pacific region. We deliver custodial, advisory, financing and
other services to safeguard clients' assets, maximize liquidity and
manage risk in multiple jurisdictions. RBC I&TS is ranked among the
world's top 10 global custodians, with USD 3.1 trillion (CAD 3.2
trillion) in client assets under administration (as of October 31,
2013).
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 services, insurance,
investor services and capital markets products and services on a global
basis. We employ approximately 79,000 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 42 other
countries. For more information, please visit rbc.com.
*Scorpio Partnership Global Private Banking KPI Benchmark 2013. 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.
SOURCE RBC
