RBC Business Segments and Market Strategy
City National enhances RBC's U.S. presence & accelerates growth
Branch-light footprint in key markets (1)
City National Q1/16 Highlights (US$)
RBC
San
Francisco
Los Angeles
Orange County/
San Diego
Revenue ($MM)
341
Expenses ($MM)
296
PCL ($MM)
4
New York
Net income ($MM)
38
AUA ($BN)
13.6
AUM ($BN)
40.3
Loans ($BN)(2)(3)
23.4
Deposits ($BN) (2)
32.2
Aligns with
RBC's
strategic goals
Premier U.S. private
and commercial
bank with wealth
capabilities
City National Corporation ("City National") enhances and complements RBC's presence in the
U.S., our second home market
Deep client relationships and sharp strategic focus on two highly attractive client segments:
-
High net worth: Combination of City National's private banking franchise and RBC's U.S.
Wealth Management business creates a comprehensive platform to provide complete financial
solutions to high net worth clients
Commercial: City National is a premier U.S. commercial bank with deep industry expertise and
a natural strategic fit with RBC Capital Markets' top 11 investment bank(4)
High-touch and branch-light client service model in key high growth markets
Strong track record of growth with well diversified and high quality loan portfolio
Highly attractive deposit franchise, well positioned for rising rates
■ Fast growing wealth and asset management business
Outstanding management and strong cultural fit
Business segments
(1) Only core markets depicted; City National also has offices in Boston, Atlanta, Nashville, Las Vegas and Reno. (2) Average balances. (3) Loans and leases. (4) Thomson Reuters Global
Banking Review 2015.
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