NEW YORK and MINNEAPOLIS (June 17, 2020) – In celebration of this year’s Juneteenth, RBC’s U.S. businesses announced they will be closing offices across the country early on Friday, June 19.
“By closing our offices at noon, we hope to provide our colleagues with an opportunity to take part in the many Juneteenth virtual events and reaffirm our collective commitment to support each other, foster greater empathy and solidarity, and show leadership in driving lasting change during this pivotal time in our nation’s history,” said RBC Wealth Management – U.S. CEO Michael Armstrong, and John Thurlow, Managing Director and U.S. Chief Operating Officer at RBC Capital Markets in a joint statement.
RBC Capital Markets’ offices will be closing at 12 p.m. ET on Friday. RBC Wealth Management’s offices will close at noon local time.
This year marks the 155th anniversary of Juneteenth (“June” plus “nineteenth”). On June 19, 1865, Union General Gordon Granger and his regiment arrived in Galveston, Texas to spread the good news that the Civil War had ended and all enslaved African Americans had been freed by President Lincoln’s signing of the Emancipation Proclamation. Over the years, Juneteenth has evolved as a celebration of African American freedom and achievements recognized throughout the U.S.
In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC. is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges. RBC Wealth Management has $379 billion in total client assets with more than 2,000 financial advisors operating in 179 locations in 42 states.
RBC Capital Markets is recognized by the most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance. We are well-established in the largest, most mature capital markets with over 7,300 employees across North America, Europe, and the Asia-Pacific region in 70 offices and 15 countries, collectively encompassing more than 80% of global investment banking activity each year.
Nicole Garrison, RBC Wealth Management – U.S.: nicole.garrison@rbc.com; (612) 371-2999
Elisa Barsotti, RBC Capital Markets: elisa.barsotti@rbc.com; (212) 618-2057
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.