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The brand name was originally used by RBC Bank USA (formerly RBC Centura), formed in 2001 when RBC acquired the Raleigh, North Carolina–based Centura Bank. In 2012, RBC Bank USA's banking division for American clients was sold to PNC Financial Services while RBC's cross-border banking services for Canadians were transferred to the newly ...
In 2007, RBC Dain Rauscher acquired J. B. Hanauer, a brokerage firm founded in 1931. While the Dain Rauscher name was initially used in a number of RBC businesses after the acquisition, the brand was slowly phased out over time. In 2008, RBC changed the name to RBC Wealth Management. [5]
In 2021, Broadridge announced that RBC Wealth Management-U.S. would be its second client utilizing its new advisor technology platform for wealth management. [20] In September 2022, Cetera became the first company to use Broadridge's Wealth InFocus communications platform, which focused on communications related to wealth management. [21]
Returning to Minneapolis, [13] [19] Taft became CEO of RBC's US retail brokerage arm, [5] [19] RBC Wealth Management US, [3] in September 2005. [19] Under Taft, RBC Wealth Management avoided major financial difficulties in the 2008 financial crisis, and its assets under management increased 60% between 2008 and 2011, to $220 billion. In an ...
The two met while Goodnight was a PhD student at North Carolina State University. The analytics software company, which is privately held, had 2021 revenues of $3.2 billion, according to Forbes ...
A $20 RBC banknote from 1938, issued for circulation in Barbados RBC Plaza in Minneapolis, headquarters for RBC Wealth Management, formerly Dain Rauscher Wessels, a firm acquired by RBC in 2000 RBC Centre. 1882: Merchants Bank of Halifax opened offices in Bermuda and Newfoundland. 1899: RBC opened an agency in New York City and a branch in Havana.
North Carolina wealth. Median income: $60,516. Median home value: $259,411. Investment income: $26,814. ... These remote North Carolina state jobs offer six-figure salaries (+ work from home)
In April 2017, the bank opened its first full-service branch at RBC Plaza in Minneapolis, in conjunction with RBC Wealth Management. [13] In October 2018, City National announced that Kelly Coffey would become its first female CEO from February 2019 becoming only the 4th CEO in the bank's history. [14]
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