RBC Capital Markets

RBC Capital Markets
FormerlyDain Rauscher Wessels
Company typeSubsidiary of Royal Bank of Canada
IndustryInvestment banking, Capital market, Financial services
FoundedHalifax, Nova Scotia, Canada in 1864
HeadquartersToronto, Ontario, Canada,
Toronto, Canada with 55 offices through 16 countries
Area served
Worldwide
Key people
  • Derek Neldner (CEO & Group Head)
  • Manish Bhandari (CFO)
  • Vito Sperduto (Head, US Capital Markets)
ProductsInvestment Banking, Sales and Trading, Global Markets, US Municipal Finance
Services
Revenue C$20.4 billion in fiscal year 2025
C$20.4 billion
Total assets $2.6 trillion (2026)
Number of employees
7,600+
ParentRoyal Bank of Canada
RatingAa1 / AA− (Moody's / S&P)
Websitewww.rbccm.com/en/
Footnotes / references
RBC (Parent) Market Cap: US$242 billion (March 2026). Ratings: Aa1 (Moody's) / AA− (S&P).
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RBC Capital Markets is a global investment bank providing services in banking, finance, and capital markets to corporations, institutional investors, asset managers, and governments globally. Locations span 55 offices in 16 countries across North America, the UK, Europe, and the Asia-Pacific region. Employment estimates for RBC professionals are roughly 7,600 per company reports. Services provided include insights required to raise capital, access markets, mitigate risk, and acquire or dispose of assets for clients worldwide.