RBC Eyes T&T Depository Receipts Issue

Following the acquisition of RBTT, RBC will explore the possibility of issuing depositary receipts backed by RBC common shares on the Trinidad and Tobago Stock Exchange. “Making depositary receipts available in Trinidad and Tobago would further demonstrate our commitment to the region while giving local investors a chance to invest in the growth of one of the best performing financial services companies in the world,” says Peter Armenio, RBC’s head of US & International Banking. RBTT is RBC’s second international acquisition in the past month and the ninth acquisition RBC has announced outside Canada in the past 12 months.