RBC Investor Services Bank S.A., a Luxembourg branch from Royal Bank of Canada, reached a net profit of 73 million euros in 2018. This is an increase from the value reported in the previous year. The bank branch offers an asset management solution for the European market. That this is done through Luxembourg is not necessarily a surprise. Other banks from the United States, or banks from countries like China or Switzerland, established their Europe headquarters in Luxembourg to gain access to the EU internal market.
Total profit of RBC (Royal Bank of Canada) Investor Services Bank in Europe in 2017 and 2018
(in million euros)
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PwC. (September 27, 2019). Total profit of RBC (Royal Bank of Canada) Investor Services Bank in Europe in 2017 and 2018 (in million euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1077870/profit-of-rbc-investor-services-bank-in-europe/
PwC. "Total profit of RBC (Royal Bank of Canada) Investor Services Bank in Europe in 2017 and 2018 (in million euros)." Chart. September 27, 2019. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1077870/profit-of-rbc-investor-services-bank-in-europe/
PwC. (2019). Total profit of RBC (Royal Bank of Canada) Investor Services Bank in Europe in 2017 and 2018 (in million euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1077870/profit-of-rbc-investor-services-bank-in-europe/
PwC. "Total Profit of Rbc (Royal Bank of Canada) Investor Services Bank in Europe in 2017 and 2018 (in Million Euros)." Statista, Statista Inc., 27 Sep 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1077870/profit-of-rbc-investor-services-bank-in-europe/
PwC, Total profit of RBC (Royal Bank of Canada) Investor Services Bank in Europe in 2017 and 2018 (in million euros) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1077870/profit-of-rbc-investor-services-bank-in-europe/ (last visited November 10, 2024)
Total profit of RBC (Royal Bank of Canada) Investor Services Bank in Europe in 2017 and 2018 (in million euros) [Graph], PwC, September 27, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1077870/profit-of-rbc-investor-services-bank-in-europe/
