Partner Blog: Our Meeting With RBC

The OLIP Interns had the opportunity to visit our partners at the RBC office in downtown Toronto! RBC is one of Canada’s largest banks and one of the largest banks in the world, based on market capitalization. RBC has been identified as “a clear standout” among its Canadian rivals when it comes to the ratio of advisory revenues to lending income, a metric analysts use to determine how effective each bank is at generating higher-margin investment banking revenue in relation to lower-margin corporate lending. During our visit, we had the chance to walk through and see the trading floor, a buzzing environment where financial instruments such as stocks, bonds and commodities are bought and sold. It was very fascinating to see the workers in action. We also witnessed large clocks with different international time zones including cities such as New York and London, with whom RBC conducts trade. 

One topic of discussion we were interested to discuss was the impact of U.S. imposed tariffs in the trading between the U.S. and Canada. We were also curious about RBC's anticipation of a new government during the 2025 Canadian federal election, and finally the influence that the new Prime Minister, Mark Carney––with his big background in banking––may have in influencing Canada’s trading market.  

Thank you to Brooklyn Mattinson, the interns who helped lead our tour, and RBC for your support of OLIP!