RBC Donates $50,000 to Red Cross to Support Oklahoma Tornado Relief Efforts
MINNEAPOLIS AND NEW YORK, May 22, 2013 /CNW/ - Royal Bank of Canada (RBC)
today announced a $50,000 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 relief and humanitarian efforts in Oklahoma.
"RBC iscommitted to helping residents recover and rebuild from
thispowerful tornado," said John Taft, CEO of RBC Wealth Management, U.S.
"We are proud to partner with the Red Cross in support of their relief efforts
in aiding those affected by this devastating event."
"In the aftermath of this tragedy and the remarkable scenes of bravery, our
hearts and our thoughts go out to the many people impacted," said Deborah
Freer, COO of RBC Capital Markets, U.S. "RBC is honored to contribute to help
the ongoing recovery and assistance efforts."
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 49 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, RBC contributed more
than C$95 million to causes worldwide, including donations and community
investments of more than C$64 million and C$31 million in sponsorships.
Jonell Lundquist, 612 371-2239,firstname.lastname@example.org Elisa Barsotti, 212
SOURCE: RBC Capital Markets
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ST: New York
NI: FIN CHARITY
-0- May/22/2013 18:27 GMT
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