- Virtual celebrations held by RBC Capital Markets
employees in Canada, U.S., U.K.,
France, Germany, Japan, Hong
Kong, Australia,
Barbados and Bahamas
- US$5 million donated to
over 50 charities worldwide
- 18 U.S. charities – Big Brothers Big Sisters
of the Bay Area, Boys & Girls Club of Chicago, Boys & Girls Clubs of Hudson
County, Breakthrough New York, Capital for Kids, CASA Orange County, Children of Fallen Patriots,
Comer Children's, Cookies for Kids' Cancer, Horizons National,
iMentor, Jersey City Medical Center Foundation, Junior Achievement
of Southeast Texas, Memorial Sloan
Kettering, Ronald McDonald House New York, Ronald McDonald House
Upper Midwest, The TEAK Fellowship, Youth INC
NEW YORK, June 16, 2021 /PRNewswire/ - As part of a global
charitable initiative called RBC Charity Day for the Kids,
US$5 million is being donated to more
than 50 youth-focused charities around the globe, reaffirming RBC's
strong commitment to supporting youth organizations. What started
out in 2015 as RBC Trade for the Kids, has progressively become an
integral charitable initiative for all RBC Capital Markets staff
globally.
The troubling impacts of COVID-19 continue to affect many
children and youth around the world due to greater stress caused by
social isolation and lack of in-person activities. During this
period, demand for youth mental health and wellness services has
notably increased. RBC continues to strengthen its community
response efforts, including supporting many charitable
organizations and youth mental well-being resources around the
world.
Since 2015, RBC Charity Day for the Kids has donated more than
US$20.2 million to 100
youth-focused charity partners around the world. This year's global
RBC Charity Day for the Kids event consisted of increased internal
and external awareness and education related to the work and
efforts of our youth-focused charity partners. Employees in
Canada, U.S., U.K., France, Germany, Japan, Hong
Kong, Australia,
Barbados and Bahamas celebrated RBC's year-round culture of
giving and philanthropy by virtually taking part in a day full of
creative and engaging multimedia content.
In the U.S., where RBC Charity Day for the Kids celebrated its
seventh year, former patients, families and staff from 18 of the
U.S.'s leading youth charities (see full list of charities here)
made the day compelling by sharing their heart-felt, surprise
webcam reactions to the reveal of the RBC Charity Day the Kids'
donation announcements with RBC staff globally.
"Charities and non-profits globally, and in particular those
supporting youth mental health services, continue to feel
significant strain brought on by the impacts of the COVID-19
pandemic," said Derek Neldner, CEO
and Group Head of RBC Capital Markets. "There is a growing need to
provide necessary support services and resources to navigate these
extremely challenging times and RBC and its employees are proud to
rally support for these worthy initiatives. RBC Charity Day for the Kids is one of the many ways
in which our employees and clients have the opportunity to learn
more about supporting our youth through direct engagement with our
charity partners. We thank our charity partners for their
commitment to helping revive our communities, as well as our
employees and clients for living our culture of giving."
In 2020, RBC donated CA$140 million to charitable organizations
through cash donations and community investments.
For more on RBC Charity Day for the Kids and the
benefitting charities, click here.
About RBC
Royal Bank of Canada is a global financial institution with
a purpose-driven, principles-led approach to delivering leading
performance. Our success comes from the 86,000+ employees who
leverage their imaginations and insights to bring our vision,
values and strategy to life so we can help our clients thrive and
communities prosper. As Canada's
biggest bank, and one of the largest in the world based on market
capitalization, we have a diversified business model with a focus
on innovation and providing exceptional experiences to our 17
million clients in Canada, the
U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
About RBC Capital Markets
RBC Capital Markets is
recognized by the most significant corporations, institutional
investors, asset managers, private equity firms, and governments
around the globe as an innovative, trusted partner with an in-depth
expertise in capital markets, banking, and finance.
We are well-established in the largest, most mature capital
markets with over 7,900 employees across North America, Europe, and the Asia-Pacific region in 58 offices and 14
countries, collectively encompassing more than 85% of global
investment banking activity each year.
About RBC Charity Day for the Kids
Launched in 2015
in New York, RBC Charity Day for
the Kids – formerly known as RBC Trade for the Kids, is a day
focused on raising money and awareness of some of RBC's
longstanding charitable partnerships aimed at supporting children
and youth. In 2021, RBC Charity Day was held for the fourth time
globally across North America,
Europe, Asia Pacific and the Caribbean, supporting over 50 charities.
To date, through this initiative, RBC has donated US$20.2 million to 100 charities. For more on RBC
Charity Day for the Kids and the benefitting charities, click
here.
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SOURCE RBC Capital Markets