RBC is Canada's largest bank by market capitalization and one of the largest in the world.
: Key divisions include RBC Royal Bank in Canada, City National Bank in the U.S., and RBC Bank (Georgia), N.A., which specifically handles cross-border banking for Canadians in the United States. rbc*banks
: In 2024, RBC significantly expanded its domestic presence by acquiring HSBC Bank Canada . 2. Risk-Based Capital (RBC) RBC is Canada's largest bank by market capitalization
If you see or a similar variation on a transaction history, it typically indicates a fee or service charge from the Royal Bank of Canada. City National Bank in the U.S.