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RBC Royal Bank is a Canadian multinational bank and financial services company, founded in 1869. RBC has over 1,500 branches and offices across Canada, and more than 19,000 employees. It had $722 billion in assets as of October 31, 2018.
In the late 1800s, the Canadian Confederation was formed by three provinces: Ontario, Quebec and New Brunswick. The founding banks of the new nation were the Bank of Montreal (BMO), The Merchants’ Bank of Canada (MBC) and The Imperial Bank of Canada (IBC). In 1869 the first two merged to create what would eventually become RBC Royal Bank.
RBC Royal Bank is one of the largest banks in North America with assets worth over $700 billion US dollars as of October 31st 2018. It has over 1,500 branches across Canada with 19 thousand employees worldwide.
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