| | Business Summary | | Royal
Bank
of
Canada
(RBC)
and
its
subsidiaries
provide
a
broad
range
of
banking
and
financial
services
and
products
in
Canada
and
internationally.
RBC's
subsidiaries
include
RBC
Dominion
Securities
Limited,
RBC
Insurance
Holdings
Inc.,
The
Royal
Trust
Company
and
Royal
Bank
Action
Direct
Inc.
As
of
January
31,
2001,
RBC
served
10
million
customers
through
approximately
1,800
branches
and
offices.
In
January
2001,
the
Company
completed
its
acquisition
of
Dain
Rauscher
Corporation.
Dain
Rauscher
Incorporated,
now
a
wholly
owned
subsidiary
of
Royal
Bank
of
Canada,
is
a
full-service
securities
firm.
In
June
2001,
the
Company
acquired
Centura
Banks,
Inc.,
a
bank
holding
company.
At
December
31,
2000,
Centura
had
total
consolidated
assets
of
$11.5
billion. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Royal
Bank
of
Canada
provides
personal
and
commercial
banking,
wealth
management,
and
corporate
and
investment
banking
services
on
a
worldwide
basis.
For
the
nine
months
ended
7/31/01,
total
interest
income
rose
12%
to
C$13.13
billion.
Net
interest
income
after
loan
loss
provision
rose
19%
to
C$4.04
billion.
Net
income
applicable
to
Common
rose
7%
to
C$1.65
billion.
Results
reflect
higher
average
loan
balances,
partially
offset
by
increased
net
losses
on
securities. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Guy Saint-Pierre, 66
Chairman | -- | Gordon Nixon
Pres,
CEO | $8.3M | Martin Lippert
Vice
Chairman and CIO | -- | Peter Currie
CFO, Exec. VP | -- | Irving Weiser
Chairman
and CEO, RBC Dain Rauscher Wessels | -- | | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/r/ry.gif)