RBC Has Plans for Consumer Bank in 2020

RBC shared during an earnings call last week that they intend to launch a direct-to-consumer bank in the US in 2020; they hope to bring in more customers by offering the affluent higher interest rates as they continue to focus on ultra high net worth clients; the bank did not say whether the offering will be branded under RBC or City National; the launch comes at a time with ever increasing competition from a long list of reputable brands; American Banker digs further into their plans and the competitive landscape. American Banker

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.