RBC CEES expands in Middle East with presence established in Dubai

Notes and media contacts

About RBC Corporate Employee & Executive Services (RBC cees):
RBC Corporate Employee & Executive Services (RBC cees) is a leading global specialist in employee benefit plan administration, providing corporate trustee and administration services to its global corporate client base. Clients of RBC cees range from privately owned businesses to companies listed on all the major stock exchanges. The RBC cees private equity and property fund team also provides fund administration services for a wide variety of fund structures. With assets under management exceeding $40bn and over 220 employees, specific services include employee trust, administration services and project management, for:

· share & equity based incentives
· international and executive pension plans
· deferred compensation structures
· private equity and property funds.

About RBC Wealth Management:
The international arm of RBC Wealth Management services over 35,000 high net worth individuals and institutions through more than 30 offices in the British Isles, Continental Europe, Asia, the Middle East, the Caribbean, Latin America and North America. RBC Wealth Management provides integrated and diversified international wealth management expertise and solutions, asset management and trust services to high net worth individuals and to corporate and institutional clients. Services provided by RBC Wealth Management consultants, advisors, private bankers and trust officers include trust and estate planning, tax advice, discretionary investment management and investment advisory services, structured solutions, banking, lending and global custody.

RBC Wealth Management, a segment of RBC, directly serves affluent and high net worth clients in Canada, the United States, Latin America, Europe and Asia with a full suite of investment, trust and other wealth management solutions. The business also provides asset management products and services directly, through its RBC Global Asset Management division, and through RBC and third-party distributors to institutional and individual clients. RBC Wealth Management has more than C$490bn of assets under administration, nearly C$240bn of assets under management and more than 4,500 financial consultants, advisors, private bankers and trust officers. . RBC Wealth Management was recognized as the Best North American based Wealth Manager by Private Banker International in October 2009.

About RBC:
Royal Bank of Canada and its subsidiaries operate under the master brand name RBC. We are Canada's largest bank as measured by assets and market capitalization, one of North America's leading diversified financial services companies and among the largest banks in the world, as measured by market capitalization. We provide personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis. We employ approximately 80,000 full- and part-time employees who serve more than 18 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 53 other countries. www.rbc.com.

Contact:
Greentarget, London
Anna Watson / Phillippa Cantrill
Telephone: +44 (0)20 7680 5052 / +44 (0)20 7680 5063

or

RBC Wealth Management
Sanam Alaghband / Beverley Weber
Telephone: +44 (0)20 7002 2013 / + 44 (0)20 7029 7685