Jersey, 17 December 2020 – This year has been anything but ordinary, and one of the most prevalent topics during the pandemic has been taking care of our mental health and wellbeing.
Almost overnight, the charities sector – including those dedicated to mental health – lost a large proportion of its income, threatening the very existence of these vital services.
RBC has worked with Mind Jersey for a number of years, with a focus on its Youthful Minds campaign which strives to tackle the stigma associated with children and young people’s mental health. During COVID-19, Mind Jersey has experienced an increase in calls from Islanders needing support, while at the same time facing disruption to its own resources. Countless others face the same struggle.
RBC very quickly recognised this increased need to actively help the communities where its employees live and work to deliver support where it’s needed most. With creative thinking and determination, RBC quickly pivoted its approach to ensure it could still deliver a number of events and fundraising programmes in support of Mind Jersey.
Through the RBC Super League Triathlon Community Challenge, Global Virtual RBC Race for the Kids and a number of other employee-led initiatives, RBC raised over £70,000 for Mind Jersey in 2020, taking the total raised since partnering with the charity in 2018 to an incredible £136,000.
The funds donated by RBC and its employees will contribute towards extending Mind Jersey’s Youthful Minds group’s early intervention programmes for young people across Jersey’s schools, especially in response to the impact of the pandemic on young people’s mental health
“Since the beginning of the pandemic, we’ve each faced unique challenges and disruption in our lives, and it has never been more important to focus on our mental health and wellbeing,” said David Bailey, Chief Operating Office at RBC Wealth Management in the British Isles. “I am so proud of the resilience and determination that RBC employees and the broader Jersey community have shown in 2020. Mind Jersey’s Youthful Minds group is a lifeline to so many, and RBC is delighted to have continued to support the charity’s work this year.”
Dr. Tricia Tumelty at Mind Jersey said: “We are incredibly grateful for RBC’s support again this year. We have seen an increase of over 50 percent in our services being used, and with this donation from RBC we will be able to extend our reach and help to ensure no young person is left behind.”
Ben Adams, RBC Wealth Management, +44-20-7653-4516, or ben.adams@rbc.com
Eleonore Basle, Greentarget, +44 (0) 20 7324 5491, or eleonore.basle@greentarget.co.uk
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 C$1.1 trillion of assets under administration, C$836 billion of assets under management and more than 4,800 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.
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 86,000+ 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 34 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.
This publication has been issued by Royal Bank of Canada on behalf of certain RBC ® companies that form part of the international network of RBC Wealth Management. You should carefully read any risk warnings or regulatory disclosures in this publication or in any other literature accompanying this publication or transmitted to you by Royal Bank of Canada, its affiliates or subsidiaries.
The information contained in this report has been compiled by Royal Bank of Canada and/or its affiliates from sources believed to be reliable, but no representation or warranty, express or implied is made to its accuracy, completeness or correctness. All opinions and estimates contained in this report are judgments as of the date of this report, are subject to change without notice and are provided in good faith but without legal responsibility. This report is not an offer to sell or a solicitation of an offer to buy any securities. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Every province in Canada, state in the U.S. and most countries throughout the world have their own laws regulating the types of securities and other investment products which may be offered to their residents, as well as the process for doing so. As a result, any securities discussed in this report may not be eligible for sale in some jurisdictions. This report is not, and under no circumstances should be construed as, a solicitation to act as a securities broker or dealer in any jurisdiction by any person or company that is not legally permitted to carry on the business of a securities broker or dealer in that jurisdiction. Nothing in this report constitutes legal, accounting or tax advice or individually tailored investment advice.
This material is prepared for general circulation to clients, including clients who are affiliates of Royal Bank of Canada, and does not have regard to the particular circumstances or needs of any specific person who may read it. The investments or services contained in this report may not be suitable for you and it is recommended that you consult an independent investment advisor if you are in doubt about the suitability of such investments or services. To the full extent permitted by law neither Royal Bank of Canada nor any of its affiliates, nor any other person, accepts any liability whatsoever for any direct or consequential loss arising from any use of this report or the information contained herein. No matter contained in this document may be reproduced or copied by any means without the prior consent of Royal Bank of Canada.
Clients of United Kingdom companies may be entitled to compensation from the UK Financial Services Compensation Scheme if any of these entities cannot meet its obligations. This depends on the type of business and the circumstances of the claim. Most types of investment business are covered for up to a total of £85,000. The Channel Island subsidiaries are not covered by the UK Financial Services Compensation Scheme; the offices of Royal Bank of Canada (Channel Islands) Limited in Guernsey and Jersey are covered by the respective compensation schemes in these jurisdictions for deposit taking business only.