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Today's Date: 09 February 2012
Last Updated: 08 February 2012 14:07:43 CIT
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Euromoney nods for RBC
Source: 3 March 2010

RBC Wealth Management has been recognised as having the “Best Private Banking Services Overall” in Canada, the Caribbean, and Jersey at the 2010 Euromoney Private Banking Awards.

RBC Wealth Management earned awards in all three of the Caribbean countries where it operates: Cayman Islands, Bahamas, and Barbados.

“This accomplishment would not have been possible without the exceptionally strong and dedicated people that make up our Caribbean operation,” said Managing Director of RBC Wealth Management Caribbean Gordon Anderson.

“We are very fortunate to have a team of professionals who work extremely hard every day at upholding and maintaining RBC's culture of outstanding client service.”

RBC is ranked 3rd and 13th respectively in the categories of “Best Private Banking Services Overall in North America” and “Best Private Banking Services Globally” and ranked in the top 20 in Latin America and Western Europe.

“We are extremely pleased and flattered to be so highly recognized by our peers in Euromoney’s Private Banking Awards,” said group head of RBC Wealth Management George Lewis.

Michael Lagopoulos, CEO and president of International Wealth Management at RBC, said the bank’s wealth management business across the globe has benefitted from the size, strength and stability of Royal Bank of Canada.

“This has enabled us to continue to grow our international business. In 2009, we were able to gain market share, add significant new clients and recruit exceptional talent to our global wealth management operations.”

RBC Wealth Management’s 2010 rankings in the Euromoney Private Banking Awards are up significantly from its 2009 rankings in a number of key markets around the world. The firm’s global ranking has moved from 24th place in 2009 to 13th place in 2010. The Euromoney survey uses a peer ranking methodology.
 
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