"Canadian Private Bank", "Leading Individual" and "Global Custodian" wins for RBC
TORONTO, March 17, 2014 /PRNewswire/ - RBC has taken home three awards and was shortlisted for six others in the first-ever Family Wealth Report Awards. RBC was recognized as the leading "Canadian Private Bank", while John Taft, CEO of RBC Wealth Management - U.S. was honoured with a "Leading Individual" award and RBC Investor & Treasury Services took the top spot in the "Global Custodian" category.
RBC's "Canadian Private Bank" award is the latest in a string of global awards recognizing its industry-leading offering to high net worth and ultra high net worth clients in Canada, including accolades for "Best Private Banking Services in Canada Overall" for seven years running in the Euromoney Private Banking and Wealth Management Survey and "Best Private Bank in Canada" for two consecutive years in the Global Private Banking Awards.
"This prestigious award speaks to our collaborative culture and to our unparalleled approach to delivering the best RBC has to offer to our high-net-worth families," said Mary Holenski, head, RBC Private Banking.The Family Wealth Report Awards also recognized John Taft, chief executive officer of RBC Wealth Management - U.S. as a leading individual in the industry. "I am honoured to receive this generous acknowledgement from my peers in the industry," said Taft. Commenting on the award, George Lewis, Group Head, RBC Wealth Management & RBC Insurance said: "While being recognized as a leading individual in the industry is no small feat, this award is very well earned as John consistently, and with great commitment, applies his voice, visibility and influence to lead positive change within the industry, our business and the community. John actively strives to enact changes that benefit clients and reinforce integrity in the industry and is a strong and very public advocate for stewardship and diversity." At a global level, RBC Investor & Treasury Services was honoured with a "Global Custodian" award, based on the reliability and strength of its custody business which provides excellence in custody services to private clients.