RY

Royal Bank of Canada

One of the world's largest financial institutions, RBC (Royal Bank of Canada) offers everyday banking, mortgages, credit cards, investing, and insurance to millions of people, businesses, and governments across Canada, the US, and beyond. It began life in 1864 as the Merchants' Bank of Halifax, founded by eight local traders to finance the port's import-export business, before adopting the "Royal" name in 1901. Fun quirk: when it took the royal title, the bank borrowed a close copy of Britain's Royal Coat of Arms for its corporate seal as a nod to strength and stability.