RBC Wealth Management, RBC Capital Markets Donate $25,000 to Support Flood Relief Efforts in Texas

HOUSTON, June 1, 2015 /PRNewswire/ - RBC Foundation-USA today announced a $25,000 donation to the American Red Cross to support flood relief efforts in Texas.

"Our hearts go out to the people in Texas impacted by last week's devastating floods," said Darryl Traweek, divisional director of the West/South region at RBC Wealth Management-U.S. "RBC is committed to helping these communities recover and we are proud to work with the Red Cross to do so."

"Our thoughts are with people in Texas as they rebuild after the flooding," said Matt Boles, a managing director at RBC Capital Markets. "We are committed to supporting the relief efforts given the number of employees and clients we have in the region."

RBC traces its roots in Texas back to the 1930s and today employs nearly 400 people across the state.

In addition to the donation, both RBC Wealth Management-U.S. and RBC Capital Markets are encouraging employees to contribute to relief efforts, reminding them they can increase the impact of individual donations with RBC's corporate gift matching.

RBC Foundation-USA, is a charitable entity funded jointly by RBC Capital Markets and RBC Wealth Management businesses in the U.S.

About RBC Wealth Management - U.S.

In the United States, RBC Wealth Management operates as a division of RBC Capital Markets, LLC. Founded in 1909, RBC Capital Markets, LLC. is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the Securities Investor Protection Corporation, and other major securities exchanges.  RBC Wealth Management has $270 billion in total client assets with 1,900 financial advisors operating in 200 locations in 41 states. For more information, please visit www.rbcwm-usa.com.

About RBC Capital Markets

RBC Capital Markets is the corporate and investment banking arm of the Royal Bank of Canada. RBC Capital Markets is a premier investment bank that provides a focused set of products, services and expertise to corporations, institutional investors and governments around the world. With over 7,000 professionals in 15 countries, we deliver our products and services to clients in over 100 countries through operations across North America, Europe and the Asia-Pacific region. For more information, please visit http://www.rbccm.com/.

SOURCE RBC