RBC WEALTH MANAGEMENT ACHIEVES GLOBAL RECOGNITION IN EUROMONEY PRIVATE BANKING AWARDS

Jersey News, 12 February 2010 – RBC Wealth Management, part of Royal Bank of Canada (RY on TSX and NYSE), announced this week its success in the 2010 Euromoney Private Banking Awards. The wealth manager has been recognised as having the ‘Best Private Banking Services Overall’ in three separate regions of the world – Canada, the Caribbean and Jersey. In addition, RBC is ranked 3^rd and 13^th respectively in the categories of ‘Best Private Banking Services Overall in North America’ and ‘Best Private Banking Services Globally’ and ranked in the top 20 in Latin America and Western Europe.

“We are extremely pleased and flattered to be so highly recognised by our peers in Euromoney’s Private Banking Awards,” said George Lewis, group head of RBC Wealth Management. “Our success in Canada and internationally reflects our rapidly expanding global footprint and our commitment to delivering high quality,   client-centric integrated wealth management solutions and advice. The awards confirm our position as a Top 15 private bank and emphasise that we continue to be there for our clients around the world in the wake of the financial crisis.”

Michael Lagopoulos, CEO and president of International Wealth Management at RBC, said: “Our wealth management business across the globe has benefitted from the size, strength and stability of Royal Bank of Canada. This has enabled us to continue to grow our international business. In 2009, we were able to gain market share, add significant new clients and recruit exceptional talent to our global wealth management operations.”

In the Channel Islands, RBC Wealth Management achieved nine separate awards across a range of categories:

Jersey
* Best Private Banking Services Overall

* Best Offshore Services

* Best Hedge Fund Investment

* Best Trust Services

* Best Inheritance and Succession Planning

* Best Family Office Services

* Best Tax Guidance and Services

* Best Corporate Advisory for Private Banking Clients

Guernsey

* Best Private Equity Investment

Paul Patterson, head of RBC Wealth Management in the British Isles, commented: “This is an outstanding achievement – none of these wins would have been possible without the determination and dedication of all our staff. It has been our ongoing vision to continue to build on the breadth of our capabilities. Through winning these awards, we have done just that.”

RBC Wealth Management’s 2010 rankings in the Euromoney Private Banking Awards are up significantly from its 2009 rankings in a number of key markets around the world. The firm’s global ranking has moved up to 13^th place in 2010 (from 24^th place in 2009). The Euromoney survey uses a peer ranking methodology.

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