This website uses cookies to ensure you have the best experience. Learn more

Rbc: History And Sustainability Essay

1064 words - 4 pages

The Royal Bank of Canada, if you couldn't tell, is a Canadian company. It is the largest financial institution in Canada. It started as the Merchants' Bank in Halifax, Nova Scotia, which was founded in 1864 by a small group of enterprising Halifax merchants: J.W. Merkel, Edward Kenny, T.C. Kinnear, John Duffus, William Cunard, John Tobin, George P. Mitchell, Jeremiah Northup. The Merchants' Bank focused mainly on financing the fishing and timber trade, and the annual flow of retail goods from Europe into the colony. The bank then received a federal charter in 1869 under the name of the Merchants' Bank of Halifax. As the bank continued to grow, they chose the name “The Royal Bank of Canada” in 1901 to distinguish themselves from other banks. Then in 1990 they shortened their legal name to “Royal Bank of Canada”. The Royal Bank of Canada, now operates under the adopted brand name of "Royal Bank Financial Group" or RBC.
Royal Bank, wanting to expand to more parts of the world, established a branch in Havana in 1899 to take advantage of trade in sugar, cocoa, tobacco, and other Caribbean staples. This started the steady expansion of Royal Bank throughout the Caribbean and Latin America. The bank expanded to 121 international branches, stretching from Rio de Janeiro in the south to Honduras in Central America by 1925. They then established branches in London, Paris, Barcelona and New York to improve trade financing and foreign exchange with the Caribbean and South America. Under the leadership of John E . Cleghorn from 1995 to 2011, Royal Bank transformed into a broad-based financial services group. To expand further into America, they started listing common shares on the New York Stock Exchange in 1995. They also acquired Security First Network Bank, the world's first Internet bank, to bring a larger range of e-business services to their customers. They also purchased many other financial institutions that were already established in the US to enhance their retail banking, brokerage, and insurance operations.
The current day RBC Financial group is broken up into five different operations. RBC Banking is the meat and potatoes of the bank's operations. It provides over 11.5 million clients with banking services, lines of credit, financial advice, and lends out mortgages. RBC Insurance offers life, health, travel, and homeowner's insurance to over 5 million clients worldwide. RBC Investments addresses the wealth management needs of individuals by providing brokerage services, investment counseling, and financial planning. RBC Capital Markets provides investment banking, equity and debt financing, and treasury management services for corporate clients. RBC Global Services is a provider of transaction processing services that offers solutions for investment administration, correspondent banking, cash management, payments, and trade finance.
RBC spends a lot of time and money to decrease their environmental impacts. Their commitment to environmental...

Find Another Essay On RBC: History and Sustainability

Anemia: Symptoms, Types, Causes, and Treatments

1207 words - 5 pages 8% of women have mild anemia. The prevalence of anemia is greater in women than men of age seventy-five or less than seventy-five. Hemoglobin is a protein in red blood cells that features a heme half containing iron. Every heme combines with four oxygen molecules within the lungs for transport and unleash of oxygen to the remainder of the body cells. The decrease within the variety of red blood cells (RBC) within the blood means that a decrease

Social Determinants of Health and Phenomenology to Practice

983 words - 4 pages . Gravol works by decreasing the vestibular stimulation, while ondansetron inhibits the chemoreceptors that cause nausea and vomiting (Deglin & Vallerand, 2014). Please refer Appendix A for the J.S.’s full lab results that were drawn on both January 12 and 15, 2014. This section will only address the following abnormal values: an increase in Red Blood Cells (RBC) from 3.89 to 3.99 x 106/ microliters (µL), decrease in Hemoglobin (Hbg) from 135 to 129

hereditary spherocytosis

1109 words - 5 pages RBC membrane disorders consist of HS where it is identified by the diversity in clinic and laboratory which is also revealed by recent molecular studies. A mutation is found in one of the spherocytosis genes causing erythrocyte membrane defects. The Laparoscopic approach has been one of the new surgical procedures for splenectomy for the treatment of HS. Partial splenectomy is done in children to avoid post-splenectomy sepsis. The latest

Health and Sustainability

1573 words - 7 pages direction of sustainability, it is necessary to have well-functioning societies- from a social, political and environment standpoint, that can meet new challenges successfully (Rogers et al. 2012). History has shown that social, economic and political breakdown generally lead to environmental abuses thus perpetuating an ever-less sustainable way of life (Stonich 1989.) Throughout the world, considerable resources are spent implementing

Hereditary Spherocytosis

1567 words - 6 pages Erythrocytes are naturally a biconcave disc, which results in a larger membrane surface to volume ratio than a sphere shaped disc. These cells have the strength and flexibility needed to survive for 120 days in circulation. Their peripheral proteins stabilize the membrane and are responsible for their shape. These proteins include sprectrin, actin, ankryn, and band-4-protein. Peripheral proteins are attached to the red blood cell (RBC

fair work Australia. how the dispute was solved by fair work in the case of Qantas - CSU - essay

2091 words - 9 pages sustainability greatly depend upon social and cultural aspect. Tourism is great way to exchange your culture, tradition and belief. But some time tourism can demolish your tradition, culture, emotion and belief. We have a history of India, where English people entered as a tourist and ruled that country for so long. Lawson , P (2014) Tourism can destroy the cultural heritage of your nation. In the context of New Zealand most of the tourist visit Rotorua to

Sickle Cell Anemia

1145 words - 5 pages microscope. He described the red blood cells as “having the shape of a sickle”. Dr. Herrick saw this and immediately became interested, thinking it may be a new, unknown, disease he then published a paper in one of the medical journals and he too, described the RBC’s as the term “sickle shaped cells”. (“A Brief History of Sickle Cell Disease”). Sickle cell anemia happens if your red blood cells do not have enough hemoglobin; the molecule in red

Genetics Paper

1960 words - 8 pages Hematology Association aims to do just that with recombinant erythropoietin therapy in infants. 16 infants, nine of which positive for hereditary spherocytosis caused by mutation of ANK1, with diagnosis based on family history and clinical symptoms comprised the patient population. Each infant was treated with recombinant erythropoietin, a chemical stimulant for RBC formation, with doses administered two to three times a week in intervals ranging from 50

Designing a Sustainable Backyard Garden Suburban

1727 words - 7 pages -494 Sustainable Gardening Australia (SGA). 2014. Sinnamon, Liz. 2013. “Introduction to ‘The Self-Sufficient Garden’ ”. Warm Earth 111: 8-9 Thiele, Leslie Paul. 2013. Sustainability. Polity Press Turner, Bethaney. 2011. “Embodied Connections: Sustainability, Food Systems and Community Gardens.” Local Environment: The International Journal of Justice and Sustainability 16(6): 509-522 DOI: 10.1080/13549839.2011.569537 Tyrrell, Ian. 2008. “Environment, Landscape and History: Gardening in Australia.” Australian Historical Studies 38(130): 339-347 DOI: 10.1080/10314610708601252

Patient With Benign Fibrous Pseudotumors of Paratesticular Tissues

980 words - 4 pages with hydrocele or a history of trauma or infection, the usual site of involvement is tunica vaginalis but in some rare cases it can arise from tunica albuginea, epididymis and spermatic cord as well. It clinically mimics the malignancies of the region (often appearing as painless multi nodular scrotal masses) which often leads to treatment by radical surgical approach. Microscopically, the mass is consisted of hyalinized collagenous fibrous stroma

Sustainable Design

1376 words - 6 pages . Ghomshei, M. (2014, March 28). Sustainability in a Post-modern Era. British Columbia: University of British Columbia. Retrieved from http://www.awarenessintoaction.com/whitepapers/sustainability-university-of-british-columbia.html Grown Furniture. (2014, March 29). Why do it. Retrieved from Grown Furniture: http://www.grown-furniture.co.uk/ History Learning Site. (2014, March 29). Buffalo and the Native American. Retrieved from History Learning

Similar Essays

Management Report

733 words - 3 pages such as Indonesia, Vietnam, and India, which is remoulded by the factory. RBC is using injection, transfer and compression moulding method in the rubber moulding process. RBC is fully compliant with NZ environmental regulations. No customer has discussed sustainability with RBC, but it is aware several of its biggest customers are showing increased interest in being able to certify their products as environmentally sound. Epsteins Corporate

Royal Bank Of Canada Essay

1579 words - 6 pages RBC Financial GroupRBC Financial Group (RY on the TSE and NYSE) is one of North America's premier diversified financial services company's. Within Canada it is the leader in most of its businesses. RBC Financial Group is a new master-brand. It was formerly known as The Royal Bank of Canada. They dropped the name "Canada" from their title as a marketing ploy to sound less junior league to the Americans. The move symbolizes the evolution that the

Managing Diversity Essay

1761 words - 7 pages income, education, religious beliefs, military experience, geographic location, parental status and marital status.2. BackgroundBefore analysing RBC's diversity management, a brief history will be given about the organisation. In June 2008, the Royal Bank of Canada (RBC) acquired RBTT Financial Group (RBTT) creating RBC Financial Caribbean. As one of the Caribbean's leading diversified financial services companies, RBC provides a wide range of

Diagnosis Of Malaria (Thank You For All Authors Of The Facts In Advance)

1480 words - 6 pages Malaria must be recognized promptly in order to treat the patient in time and to prevent further spread of infection in the community via local mosquitoes.Malaria should be considered a potential medical emergency and should be treated accordingly. Delay in diagnosis and treatment is a leading cause of death in malaria patients in the United States.Malaria can be suspected based on the patient's travel history, symptoms, and the physical