Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Royal Bank of Canada Wealth Management to Close Uruguay Office

Aug. 16 (Bloomberg) -- Royal Bank of Canada’s wealth management division will close an office with about 40 employees in Montevideo, Uruguay, at the end of October.

The decision is “part of a strategic review of our Latin American business,” said Aishling Cullen, a spokeswoman for the Toronto-based company, in an e-mailed statement. Some employees may move to other locations, and the office will provide services until Oct. 31, she said.

A local judicial inquiry involving soccer players, in which the bank was asked for information in June, is “a separate situation,” Cullen said. The firm is working with authorities and hasn’t been accused of any wrongdoing, she said.

To contact the reporter on this story: Doug Alexander in Toronto at

To contact the editors responsible for this story: David Scheer at; Christine Harper at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.