RBC donates $50,000 to the American Red Cross for winter storm relief



NEW YORK and MINNEAPOLIS (Feb. 25, 2021) — Today, RBC U.S. Capital Markets and RBC Wealth Management – U.S. announced a $50,000 donation to support the American Red Cross and its work in disaster relief. This past week, the Red Cross has been supporting Americans affected by damages and displacements caused by the winter storms that impacted Texas and a large part of the country last week.

RBC is committed to helping our clients thrive and communities prosper and we will continue to support those individuals impacted by the winter storm in Texas that incapacitated public utilities and left millions without power, water, heat, or food. Recovery efforts are expected to remain underway for the foreseeable future and our thoughts remain with our employees and those individuals impacted by this unprecedented storm.

About RBC Capital Markets

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.

About RBC Wealth Management – U.S.

In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Wealth Management 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 $463 billion in total client assets with more than 2,000 financial advisors operating in 178 locations in 42 states.

Media Contact:

Tim Nelson, RBC Wealth Management, 612-371-2239, or tim.nelson@rbc.com