Strategy
RBC Extends International Reach in US

Royal Bank of Canada is expanding the services available through its international wealth management office in Houston, Texas, by achieving agency status. The team can now provide customised financial services for high net worth individuals and institutions with international interests, said the bank in a statement. "This marks an important step in the growth of our Houston office since we opened it two years ago," said Richard Martinez, managing director, Royal Bank of Canada, Houston. "We are pleased to provide more services to non-residents, particularly our clients based in Mexico, who are interested in preserving and growing their financial assets while being concerned with international financial planning." Non-resident clients of RBC can now choose to base their international wealth management accounts in Houston, in addition to RBC Global Private Banking offices in Miami, New York, Delaware, Toronto, Vancouver, Montreal, the Bahamas, Barbados, Grand Cayman, Uruguay, Geneva, London, Jersey, Guernsey, Singapore and Hong Kong.