Royal Bank of Canada Inc. has been recognized as the “Best Private Bank in Canada” for a second consecutive year in the Global Private Banking Awards 2013 presented by PWM (Professional Wealth Management) and The Banker magazines.
The award, presented Wednesday in Geneva, further demonstrates RBC’s leadership position in providing wealth management products and services in Canada. RBC (TSX:RY) was the first-ever recipient of the “Best Private Bank in Canada” award in 2012 when the category was introduced.
The Global Private Banking Awards recognize and reward excellence in wealth management among banks from the Americas, Europe, Asia, the Middle East and Africa, based on rigorous qualitative and quantitative criteria. These include progress against business model and growth strategies, client service, staff retention, as well as measures taken to build a client-centred culture.