Examples of Channel Islands in a sentence
The Acquisition is transformational to RBC WMI in the UK, Ireland and Channel Islands and establishes an attractive platform for further growth.
In respect of any proceedings under the RDA you are required to provide an address for service (correspondence address) within the UK, Channel Islands or Gibraltar, should you wish to proceed with the application.
We are confident that this Acquisition will deliver benefits to our combined clients, employees and stakeholders.” Commenting on the Acquisition, Xxxxx Xxxxxx, CEO, RBC Capital Markets Europe and Head, Wealth Management International, said: “This is a transformative acquisition for RBC Wealth Management and cements RBC’s position as a market leader across multiple business platforms in the UK, the Channel Islands and Europe.
The acquisition of Brewin Dolphin represents an exciting strategic opportunity for RBC to combine RBC WMI, its existing wealth business in the UK and the Channel Islands, with Brewin Dolphin to create a market leader with, on a pro-forma basis, £64 billion of assets under management (“AuM”), a combined annual revenue of £545 million for FY 2021 and approximately 600 client facing professionals as at 31 December 2021.
Bidco Bidco is a newly incorporated wholly owned subsidiary of RBC Holdings (Channel Islands) Limited, the holding company for RBC’s Channel Islands operations, and indirect subsidiary of RBC.
Over the medium term RBC believes that the combined wealth management business in the UK, Ireland and Channel Islands can generate revenue CAGR of ~9% and achieve adjusted profit before tax of ~C$0.5bn including the benefit of cost and revenue synergies.
RBC WM serves affluent, high net worth and ultra-high net worth clients globally with a comprehensive suite of investment, trust, banking, credit and other advice based solutions, from key operational hubs in Canada, the United States, the UK and the Channel Islands, and Asia.
Our Phone Service only allows calls to UK landline numbers (numbers starting with 01,02,03,07 excluding Channel Islands), UK mobile numbers, UK Freephone numbers and the emergency services.
RBC Wealth Management International (“RBC WMI”) is RBC WM’s UK and Channel Islands wealth business with total assets under management and administration (“AuMA”) of £44 billion as at 31 December 2021, of which 13% was held in deposits, 11% in wealth and 76% in trust and other segments.
The acquisition of Brewin Dolphin represents an exciting strategic opportunity for RBC to combine RBC WMI, its existing wealth business in the UK and the Channel Islands, with Brewin Dolphin to create a market leader with, on a pro-forma basis, £64 billion of assets under management (“AuM”), a combined annual revenue of £545 million for FY2021 and approximately 600 client facing professionals as at 31 December 2021.