News Release
RBC TO ACQUIRE CITY NATIONAL CORPORATION, A PREMIER U.S. PRIVATE AND COMMERCIAL BANK · Industry leading franchise focused on high net worth clients, businesses and commercial segments in key U.S. markets · Transaction enhances RBC's U.S. presence and accelerates franchise growth · Compelling strategic fit with RBC's U.S. Wealth Management and Capital Markets businesses, creating a powerful expansion platform for long-term growth · Offers attractive long-term earnings growth while maintaining strong capital position · Expected to be accretive to earnings per share (before