RBC Capital Markets (RBC CM) continues to set the benchmark in Canada’s investment banking landscape, driven by its unmatched financial performance and strategic global integration.
In FY2024, RBC CM reported C$12.0 billion ($8.7 billion) in revenue – more than double the Canadian peer average and 40% ahead of its closest competitor – reflecting a 9% year-on-year increase led by record results in corporate and investment banking and in global markets.
The firm’s global reach and innovation were further demonstrated through its reorganisation as a global investment banking model
RBC CM maintained its number one position in Canadian M&A, debt capital markets, and global markets, advising on landmark transactions such as TC Energy’s C$14.5 billion spinoff and Coastal GasLink’s C$7.15 billion bond – the largest corporate bond in Canadian history. In equity markets, it led First Quantum’s C$1.5 billion offering and GFL Environmental’s US$723 million block trade, reinforcing its dominance in both domestic and cross-border deals.
The firm’s global reach and innovation were further demonstrated through its reorganisation as a global investment banking model, enhancing value for Canadian clients. RBC CM also led in research, with over 1,550 companies covered and top rankings in Extel and Greenwich surveys.
