RBC announces $50,000 donation to the American Red Cross in support of Hurricane Ida



NEW YORK, September 03, 2021 — Today, 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. The Red Cross has been helping Americans affected by damages and displacements caused by Hurricane Ida.

“We are saddened by the widespread damage and loss left in the wake of Hurricane Ida,” said Tom Sagissor, president of RBC Wealth Management-U.S. “As a company with a long history of supporting the communities where we do business, it’s important to us to be able to partner with the American Red Cross to provide some relief and assistance to those living in the areas impacted by this devastating storm.”

“Hurricane Ida devastated areas in Louisiana, Mississippi and parts of the eastern U.S. and our hearts go out to the affected communities as they navigate rebuilding and repairing damages. We are proud to support impacted communities through the American Red Cross Disaster Relief program as they provide aid to those in need during this difficult time,” noted John Thurlow, U.S. Chief Operating Officer, U.S. Capital Markets.

Our thoughts are with the communities impacted by Hurricane Ida, which recently devastated Louisiana, Mississippi and caused flooding and other damage to New York and the Tri-state area. RBC is committed to helping our clients thrive and communities prosper, and we will continue to support those individuals impacted by Hurricane Ida that crippled public utilities and left millions without power, water or food.

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 $528 billion in total client assets with more than 2,100 financial advisors operating in 181 locations in 42 states.

Media Contact

Stephanie Diaz, RBC Capital Markets, Stephanie.Diaz@rbccm.com