v3.24.3
Principal subsidiaries (Tables)
12 Months Ended
Oct. 31, 2024
Disclosure of subsidiaries [abstract]  
Summary of Principal subsidiaries
(Millions of Canadian dollars)
        
 
As at October 31, 2024
 
Principal subsidiaries
(1)
  
Principal office address
(2)
  
 
 
Carrying value of
voting shares owned
by the Bank
(3)
 
 
 
Royal Bank Holding Inc.
   Toronto, Ontario, Canada   
$
93,533
 
RBC Direct Investing Inc.
   Toronto, Ontario, Canada   
RBC Insurance Holdings Inc.    Mississauga, Ontario, Canada   
RBC Life Insurance Company    Mississauga, Ontario, Canada   
Investment Holdings (Cayman) Limited    George Town, Grand Cayman, Cayman Islands   
RBC (Cayman) Funding Ltd.   George Town, Grand Cayman, Cayman Islands   
Capital Funding Alberta Limited    Calgary, Alberta, Canada   
RBC Global Asset Management Inc.    Toronto, Ontario, Canada   
RBC Investor Services Trust    Toronto, Ontario, Canada   
RBC (Barbados) Trading Bank Corporation    St. James, Barbados         
RBC US Group Holdings LLC 
(2)
   Toronto, Ontario, Canada   
 
34,826
 
RBC USA Holdco Corporation     New York, New York, U.S.   
RBC Capital Markets, LLC     New York, New York, U.S.   
City National Bank     Los Angeles, California, U.S.         
RBC Dominion Securities Limited
   Toronto, Ontario, Canada   
 
17,243
 
RBC Dominion Securities Inc.
   Toronto, Ontario, Canada         
Royal Bank Mortgage Corporation
   Toronto, Ontario, Canada   
 
6,932
 
RBC Europe Limited
   London, England   
 
3,170
 
The Royal Trust Company
   Montreal, Quebec, Canada   
 
1,587
 
Royal Trust Corporation of Canada
   Toronto, Ontario, Canada   
 
681
 
 
(1)   The Bank directly or indirectly controls each subsidiary.
(2)   Each subsidiary is incorporated or organized under the laws of the state, province or country in which the principal office is situated, except for RBC US Group Holdings LLC and RBC USA Holdco Corporation which are incorporated under the laws of the State of Delaware, U.S., RBC Capital Markets, LLC, which is organized under the laws of the State of Minnesota, U.S., and City National Bank which is a national bank, chartered under the laws of the United States of America.
(3)   The carrying value of voting shares is stated as the Bank’s equity in such investments.