News Release

Mary Sumners to Head International Wealth Business for RBC Wealth Management - U.S.

MINNEAPOLIS (March 13, 2014) RBC Wealth Management announces that Mary Sumners was named head of International Wealth-USA– which has been the fastest growing business within U.S. Wealth Management since 2010.

“I am pleased to welcome Mary to my leadership team,” said John Taft, CEO, RBC Wealth Management-U.S. “Her longevity and diverse experience at RBC makes her uniquely qualified to lead International Wealth as we continue to flourish and grow our international private banking and advisory businesses.”

In her new role, Sumners will be responsible for the growth and delivery of sophisticated wealth management products, services and advice to high net worth clients. The International Wealth-USA business channel includes both private banking and international advisory groups based in New York, Houston, Miami, San Diego, Seattle and Wilmington, Del. serving high-net worth clients in Latin America, the Caribbean and other international locations. The business also has credit and lending, trust and discretionary investment management services based in the United States.

Sumners has been with RBC since 1988 in various trading and management roles gaining extensive experience in fixed income, research, emerging markets, retail brokerage and private banking. Most recently as head of Investments – Asia for RBC Wealth Management, she provided leadership and strategic direction for the advisory and discretionary investment product platform with a focus on broadening the company’s presence in Asia.

Important disclosure information about Royal Bank of Canada (RBC) and RBC Capital Markets, LLC