RBC Donates $25,000 to Red Cross to Support Colorado Flood Relief Efforts
MINNEAPOLIS and NEW YORK, September 25, 2013 — Royal Bank of Canada (RBC) today announced a $25,000 donation by the RBC Foundation USA, a charitable entity funded jointly by the bank's Capital Markets and Wealth Management businesses in the U.S., to the American Red Cross Disaster Relief Fund to support the Colorado flood relief and humanitarian efforts.
"Our hearts go out to all those impacted by the devastating floods in Colorado," said John Taft, CEO of RBC Wealth Management, U.S. "RBC is committed to helping residents recover and rebuild and are proud to partner with the Red Cross to help those impacted.”
"We are proud to have the opportunity to support the victims of the Colorado floods," said Debbie Freer, COO of RBC Capital Markets, U.S. "We take our commitment to supporting the communities in which we live and work seriously and send our thoughts and prayers to those affected."
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are Canada’s largest bank as measured by assets and market capitalization, and are among the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, and investor services and wholesale banking on a global basis. We employ approximately 80,000 full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 44 other countries. For more information, please visit rbc.com.
RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2012, we contributed more than $95 million to causes worldwide, including donations and community investments of more than $64 million and $31 million in sponsorships.
RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC.
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