The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

RBC predicts stormy celebrations

To commemorate their London centenary, RBC sent umbrellas to clients. No doubt that’s intended to show how they understand Brits’ obsession with the weather – and, multiplying the cliché, by implication the needs of their clients as well.

Royal Bank of Canada has big ambitions in the international financial markets, and are steadily building a big base in London, home to much of the firm’s capital markets and wealth management activities. It now employs 1,400 people within these businesses in the UK’s capital.

But it all started from humble beginnings a century ago this September. In 1910 Royal Bank opened its first London branch, with a staff of four, in Princess Street. In 1932 it moved to purpose-built premises at 6 Lothbury, overlooking the Bank of England.

Now, RBC occupies a larger but nondescript block on a busy road that runs from Blackfriars to the Tower of London, situated next to the Thames. It’s a strip that has been home to many banks over the years. Sometimes it has been a staging post for bigger and better things, as for operations of previous local tenants HSBC and Barclays. RBC will hope to follow their example rather than that of a more recent neighbour, Dresdner Kleinwort Benson.

To commemorate their London centenary, RBC sent round umbrellas to clients. No doubt that’s intended to show how they understand Brits’ obsession with the weather – and, multiplying the cliché, by implication the needs of their clients as well.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree