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Home Business Financial Services

Royal Bank of Canada celebrates 60 years in Jersey by supporting local community

October 5, 2022
in Business, Financial Services, Jersey
David Bailey
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Royal Bank of Canada is celebrating 60 years in Jersey. To mark the occasion, the bank has gifted each Jersey employee £60 to donate to a local charity of their choice, with recipients including Mind Jersey, Jersey Women’s Refuge, Autism Jersey and Jersey Trees for Life.

David Bailey (pictured), Chief Operating Officer, Royal Bank of Canada (RBC) Wealth Management International said: “Jersey’s financial services sector goes from strength to strength and is renowned throughout the world for its stability, quality and professional expertise. RBC is proud to have played our part in this industry over many years and delighted to have reached this incredible milestone on the island.

“RBC’s purpose is to help clients thrive and communities prosper and over the years, we have supported many local charities, including our current education partnership with Durrell. I can think of no better way of celebrating 60 years in Jersey than giving back to the many causes that are important to our colleagues at a time when support is needed the most.”

RBC Wealth Management first established a presence in Jersey in 1962.  Today, RBC’s team in Jersey delivers a range of solutions including trust, banking and investment management and specialises in complex, multijurisdictional, dynastic planning for ultra-high-net-worth private clients.

The business has grown significantly over the last 60 years with a number of acquisitions including Royal Trust, Ernst & Young, Abacus and Mourant Private Wealth. Most recently, RBC announced the completion of its acquisition of Brewin Dolphin, demonstrating its commitment and ambitions in the wealth segment.

RBC has operated from a number of different locations in Jersey over the years including the Parade, Colomberie, Bath St and Broad St before settling in its current location at Gaspé House – a striking 88,000 sq ft building on the Esplanade. In 2015, RBC was awarded a BREEAM certification of Very Good for the fit-out of Gaspé House in Jersey. The sustainability performance of buildings such as Gaspé House remains of significant importance as part of RBC’s Climate Blueprint.

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