JERSEY, October 4, 2022 – We are pleased to announce that Royal Bank of Canada (RBC) is celebrating 60 years in Jersey. To mark the occasion, the bank has gifted each Jersey employee £60 to donate to a local charity of their choice, with recipients including Mind Jersey, Jersey Women’s Refuge, Autism Jersey and Jersey Trees for Life.
David Bailey, Chief Operating Officer, RBC Wealth Management International said:
“Jersey’s financial services sector goes from strength to strength and is renowned throughout the world for its stability, quality and professional expertise. RBC is proud to have played our part in this industry over many years and delighted to have reached this incredible milestone on the island. RBC’s purpose is to help clients thrive and communities prosper and over the years, we have supported many local charities, including our current education partnership with Durrell. I can think of no better way of celebrating 60 years in Jersey than giving back to the many causes that are important to our colleagues at a time when support is needed the most.”
Since establishing a presence on the island in 1962, RBC Wealth Management has become one of Jersey’s leading financial institutions. Today, RBC’s team in Jersey delivers a broad range of solutions including trust, banking and investment management and specialises in complex, multijurisdictional, dynastic planning for ultra-high-net-worth private clients. Clients value RBC Wealth Management’s stability and longevity as a business, and focus on creating strategic wealth plans that reflect their unique values, needs and goals.
The business has grown significantly over the last 60 years with a number of acquisitions including Royal Trust, Ernst & Young, Abacus and Mourant Private Wealth. Most recently, RBC announced the completion of its acquisition of Brewin Dolphin, demonstrating its commitment and ambitions in the wealth segment.
RBC has operated from a number of different locations in Jersey over the years including the Parade, Colomberie, Bath St and Broad St before settling in its current location at Gaspé House – a striking 88,000 sq ft building on the Esplanade. In 2015, RBC was awarded a BREEAM certification of Very Good for the fit-out of Gaspé House in Jersey. The sustainability performance of buildings such as Gaspé House remains of significant importance as part of RBC’s Climate Blueprint.
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 89,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
RBC Wealth Management directly serves affluent, high net worth and ultra-high net worth clients globally with a full suite of banking, investment, trust and other wealth management solutions, from our key operational hubs in Canada, the United States, the British Isles, and Asia. 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 almost C$1.3 trillion of assets under administration, over C$929 billion of assets under management and more than 4,800 financial consultants, advisors, private bankers, and trust officers. For more information, please visit https://www.rbcwealthmanagement.com/.
Ben Adams, RBC Wealth Management, ben.adams@rbc.com, +44 (0) 7590 203637
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