The Royal Bank of Canada recently completed its 1.6 billion\u002Dpound acquisition of Brewin Dolphin Holdings Plc. Read more.
Canada’s largest bank recently completed its 1.6 billion-pound acquisition of Brewin Dolphin Holdings Plc, vaulting its wealth-management operation to the No. 3 spot in the U.K. and Ireland. Still, the industry in the U.K. remains “very fragmented” with “lots of market share up for grabs,” said Doug Guzman, head of Royal Bank’s wealth-management, insurance and investor, and treasury-services businesses.
The bank will keep its focus on its three main geographies of Canada, the U.S. and the U.K., with less emphasis on continental Europe, he said.
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RBC counts on technology for U.K. wealth growth after Brewin dealThe Royal Bank of Canada recently completed its 1.6 billion\u002Dpound acquisition of Brewin Dolphin Holdings Plc. Read more.
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