Rbc Business Plan

RBC plans to spend .2 billion (US.5 billion) this year on technology -- including artificial intelligence, digital products and social media -- and use the tech push to woo more than 2.5 million new Canadian banking customers by 2023. Tapping technology to showcase Royal Bank’s offerings and build new connections is a “secular opportunity” for Canada’s second-largest lender by assets, according to Mc Kay.

Royal Bank of Canada introduced a wave of technology initiatives to combat a source of angst among its executives: Not enough people are switching banks to try their offerings.“We’ve built this incredible franchise over time with all this sales power, yet we’re frustrated,” Chief Executive Officer David Mc Kay said Wednesday during an investor event in Toronto. RBC plans to spend .2 billion (US.5 billion) this year on technology — including artificial intelligence, digital products and social media — and use the push to woo more than 2.5 million new Canadian customers by 2023, the bank said at the event.

Whatever choice you make will have an impact on your family.

Have regular conversations with them as you make your plans to gather their input, address their concerns, and get a sense for any interest in purchasing the business from you.

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The Plans document the actions and procedures to be followed before, during, and after a prolonged service outage resulting from the loss of operational facilities, critical information systems, or essential personnel.

Members of the incident management team, and its procedures and protocols, have been documented in the Plans.

Pertinent updates to this disclosure statement will be posted on the Firm’s websites, as required by applicable law or regulation.

Hard copies of the disclosure statement can be obtained by contacting your representative of the Firm.

The Plans are confidential and proprietary in nature and are therefore not made available for public distribution.

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