THE OFFICE INDEX

Office profile

RBC (Royal Bank of Canada) Headquarters & offices · Toronto, Canada

Two gold glass towers joined by a dark glass atrium, seen across a city street with parked cars
From Wellington Street · Jeff Hitchcock / CC BY 2.0 · Wikimedia Commons
Interior atrium with escalators and a suspended circular digital screen
Atrium and circular screen · © WZMH Architects
Two tall gold glass towers with sawtooth facades and a lower glass atrium between them under blue sky
The two gold towers · Canmenwalker / CC BY 4.0 · Wikimedia Commons
Bright office lobby with stone steps, a metal ceiling grid and tall glass doors
Office lobby · © WZMH Architects
Gold glass facade seen from below against a cloudy sky
Gold reflective glass · Sikander Iqbal / CC BY-SA 4.0 · Wikimedia Commons

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RBC · Toronto, Canada

Two towers clad in gold reflective glass, joined by a 40-metre glass atrium next to Toronto's Union Station.

Royal Bank Plaza is RBC's corporate headquarters; its legal head office is still at 1 Place Ville-Marie in Montreal. The towers, the share match and 160 years of head-office moves from Halifax to Montreal to Toronto — every fact from RBC's own filings, newsroom and careers site, and the architect.

  • 41 + 26storeys in the two gold towers
  • 2,250,000sq ft at Royal Bank Plaza (≈ 209,000 m²)
  • 96,628full-time-equivalent employees, FY2025
  • 50%RBC match on employee share purchases (1–6% of pay)

See inside the office Benefits

Sources: RBC Annual Report 2025 and Annual Information Form 2025 (Form 40-F) · RBC Newsroom, June 15, 2026 · WZMH Architects project page “Royal Bank Plaza”

Companies / Canada / Banking & financial services / RBC (Royal Bank of Canada)

THE HEADQUARTERS · ROYAL BANK PLAZA · 1976

Gold glass that changes colour all day

WZMH Architects designed Royal Bank Plaza as two office towers, 41 and 26 storeys high, clad in gold reflective glass and linked by a 40-metre-high glass-enclosed atrium. The sawtooth shape of the towers makes the façade shift in tone and colour through the day. The lower levels hold public banking halls and walkways into Toronto's underground PATH network, next to Union Station. A recent WZMH update modernized the mall and office lobbies and added two escalators beside a cascading water feature leading to a 625-seat food court; the renovated main branch also has a community gallery for Canadian artists, with a circular digital screen visible from Bay, Wellington and Front Streets.

  • 2,250,000 sq ft (≈ 209,000 m²)
  • Towers of 41 and 26 storeys
  • 40 m glass atrium
  • Design: WZMH Architects
  • 625-seat food court
  • Net zero target: 2040

The gold towers

WZMH Architects designed Royal Bank Plaza as two office towers, 41 and 26 storeys high, clad in gold reflective glass and linked by a 40-metre-high glass-enclosed atrium.

Two gold glass towers framing a glass atrium at a street corner
The towers from the street · JK Liu / CC BY-SA 4.0 · Wikimedia Commons
Black-and-white upward view of a sawtooth glass facade
Sawtooth facade · © WZMH Architects
Glass entrance block between two towers lit at dusk
Entrance at dusk · © WZMH Architects
Wide view of a sunlit gold glass facade with sawtooth folds
Facade in sunlight · Danielle Scott / CC BY-SA 2.0 · Wikimedia Commons
Upward view of a folded gold glass facade against blue sky
Looking up · Ibagli / CC0 · Wikimedia Commons
Gold tower rising above a street intersection, wide-angle view
At street level · Lord of the Wings© / CC BY-SA 2.0 · Wikimedia Commons
Gold glass tower seen from below with clouds
Gold glass tower · Danielle Scott / CC BY-SA 2.0 · Wikimedia Commons
Gold glass tower beside another high-rise under a grey sky
With neighbouring towers · MarcusObal / CC BY-SA 3.0 · Wikimedia Commons
Gold glass facade seen from below beside a blue-green tower
Gold against blue · Guilhem Vellut / CC BY 2.0 · Wikimedia Commons
Tall gold glass facade with a window-cleaning gondola
Window cleaning · Benny Lin / CC BY 2.0 · Wikimedia Commons
Gold glass tower seen from an elevated park
From the south · Dillan Payne / CC BY-SA 4.0 · Wikimedia Commons
Two gold towers with a dark glass atrium between them, seen from below
Towers and atrium · isol / CC BY-SA 3.0 · Wikimedia Commons
Aerial view of downtown with gold towers next to rail tracks
From above, beside the rail lines · Ken Lund / CC BY-SA 2.0 · Wikimedia Commons

Atrium, lobbies and concourse

A recent WZMH update modernized the mall and office lobbies and added two escalators beside a cascading water feature leading to a 625-seat food court.

Escalators descending beside illuminated steps under a circular digital screen
Escalators to the lower level · Canmenwalker / CC BY 4.0 · Wikimedia Commons
Escalators and lit steps in a wide concourse with a Christmas tree
Concourse in winter · Canmenwalker / CC BY 4.0 · Wikimedia Commons
Empty office lobby with stone floor, revolving doors and a Christmas tree
Office lobby · Canmenwalker / CC BY 4.0 · Wikimedia Commons
Lobby with a curved reception desk and stone columns
Reception desk · © WZMH Architects
Bright underground shopping concourse lined with stores
Shopping concourse · © WZMH Architects

Facts: WZMH Architects project page “Royal Bank Plaza” · diversity.rbc.com, “New Gallery Space in Renovated Royal Bank Plaza” · RBC Newsroom, June 15, 2026

Toronto headquarters, Montreal head office

BuildingAddress
Royal Bank Plaza (corporate headquarters)200 Bay Street, Toronto, Ontario M5J 2J5, Canada
Head office1 Place Ville-Marie, Montreal, Quebec, Canada

Source: RBC Annual Information Form 2025 · SEC filing cover (business address) · See them on the map ↓

ArchitectWZMH Architects
Size2,250,000 sq ft (≈ 209,000 m²)
Completed1976 · repositioned 2009
Towers41 and 26 storeys
Atrium40 m high, glass-enclosed
LandlordPontegadea
Net zero target2040
AwardsNAIOP REX Office Development of the Year 2008 · Canadian Architect Award of Excellence 1972

Source: WZMH Architects project page “Royal Bank Plaza” · RBC Newsroom, June 15, 2026

Benefits (Canada)

Share ownership plan50% match

Employees can put 1–10% of salary into RBC shares; RBC generally matches 50% of contributions between 1% and 6%.

PensionDC plan

New employees can generally join a defined contribution pension plan; RBC raised its contributions to the Canadian plan from January 1, 2023.

Family buildingFertility & adoption

Enhanced benefits for fertility, surrogacy and adoption services in Canada since July 1, 2022.

Mental healthHigher cover

Increased reimbursement for psychological services, including psychotherapists and marriage counsellors.

Flexible benefitsYour choice

A flexible benefits program covering mental health, dental, vision and more.

Total rewardsBonus & stock

Bonuses, flexible benefits, competitive pay, commissions and stock where applicable.

PerksDiscounts

Canadian employees get discounts on everything from home and auto insurance to pet products.

Outside CanadaUK SIP

In the U.K. Share Incentive Plan, RBC contributes up to £1,500 per employee a year.

Source: RBC Annual Report 2025, Note on employee savings and share ownership plans and pensions · jobs.rbc.com (“Investing in You”, “More than money”, “Level Up”) · RBC job posting R-0000185999 (2026)

Why people stay: what RBC itself says

1 in 3+Employee resource groups

More than a third of RBC's workforce takes part in employee resource groups built around shared identities and interests.

Co-op → CEOCareers that grow inside

CEO Dave McKay joined RBC in 1983 as a co-op student in computer programming.

C$200MInvestment in its people (2022)

Pay increases for lower salary bands, higher pension contributions, family benefits and new career-development programs.

MarketplaceInternal mobility

An AI-enabled talent marketplace plus work-integrated learning, re-skilling and mentorship programs.

FlexibleRemote, hybrid and in person

RBC says it invests in remote, hybrid and in-person work experiences so people can collaborate wherever they work.

C$1,500Volunteer grants

Teams of three or more employees can get a C$1,500 Communities Together Fund grant for a local charity they volunteer with.

Source: jobs.rbc.com, “Investing in You” and “More than money” · rbc.com executive biography (Dave McKay)

Who works here

96,628

full-time-equivalent employees (Oct 31, 2025)

70%+

of RBC's global employees are in Canada

19M+

clients in Canada, the U.S. and 27 other countries

1/3+

of employees take part in resource groups

Source: RBC Annual Report 2025 (MD&A) · jobs.rbc.com, “More than money”

Office history: Halifax, Montreal, Toronto

  1. 1864
    Bedford Row, Halifax — the first head office

    The bank was created as the Merchants Bank in 1864. Its building on Bedford Row in Halifax served as the first head office and Halifax branch from 1864 to 1879.

    Source: RBC Annual Information Form 2025 · rbc.com, Virtual Exhibits

    Old stereograph of a busy street lined with stone buildings on market day
    Bedford Row, Halifax, c. 1870 · W. Notman / Public domain · Wikimedia Commons
  2. 1869–1901
    From Merchants' Bank of Halifax to The Royal Bank of Canada

    Incorporated as the Merchants' Bank of Halifax on June 22, 1869, it took the name The Royal Bank of Canada on January 2, 1901, a change that marked its national expansion.

    Source: RBC Annual Information Form 2025 · rbc.com, Virtual Exhibits and Celebrating Our History

    No free-to-use photo found yet.Have one? We’d love to add it.
  3. 1908
    147 rue St. Jacques, Montreal

    147 rue St. Jacques (later renumbered 221) was the head office and Montreal main branch from 1908 to 1928. The building was originally crowned by statues representing agriculture, transportation, fisheries and industry.

    Source: rbc.com, Virtual Exhibits

    Classical stone bank facade with columns on Saint-Jacques Street during conversion
    221 (formerly 147) rue Saint-Jacques, Montreal, 2013 · Jeangagnon / CC BY-SA 3.0 · Wikimedia Commons
  4. 1928
    A new head office at 360 St. James Street

    In 1928 the bank put up memorial tablets to employees who died or went missing in the First World War in its newly built head office at 360 St. James Street, Montreal.

    Source: rbc.com, In Remembrance

    Massive stone bank building with tall arched windows on rue Saint-Jacques
    360 rue Saint-Jacques, Montreal, 2013 · Jeangagnon / CC BY-SA 3.0 · Wikimedia Commons
  5. 1962
    Place Ville Marie, Montreal

    Place Ville Marie, designed by I. M. Pei and Henry N. Cobb, was inaugurated on September 13, 1962; its cross-shaped tower, 1 Place Ville Marie, is 188 m tall. RBC's head office is at 1 Place Ville-Marie today.

    Source: placevillemarie.com, History · RBC Annual Information Form 2025

    Cruciform grey office tower of Place Ville Marie seen from street level
    1 Place Ville Marie, Montreal, 2024 · Quintin Soloviev / CC BY 4.0 · Wikimedia Commons
  6. 1976
    Royal Bank Plaza, Toronto

    WZMH Architects completed Royal Bank Plaza at Bay and Front Streets in 1976. The Merchants' Mall opened in October 1976 and the main branch has stood at Bay and Wellington since 1977. It is now RBC's corporate headquarters.

    Source: WZMH Architects · rbc.com, Celebrating Our History · diversity.rbc.com · RBC Annual Information Form 2025

    No free-to-use photo found yet.Have one? We’d love to add it.
  7. 2009
    Repositioning

    WZMH repositioned the complex, modernizing the retail mall, food court and office lobbies; the project was named NAIOP REX Office Development of the Year 2008.

    Source: WZMH Architects project page

    No free-to-use photo found yet.Have one? We’d love to add it.
  8. 2026
    A net zero lease

    RBC and Pontegadea, the landlord of Royal Bank Plaza, signed a lease that commits the building to net zero emissions by 2040. RBC calls it its third-largest commercial office space in the world.

    Source: RBC Newsroom, June 15, 2026

    No free-to-use photo found yet.Have one? We’d love to add it.

Map: how the headquarters moved

From the Halifax waterfront to Montreal's old financial street, up to Place Ville Marie and finally to Toronto — RBC's headquarters has moved about 1,300 km west in 160 years, while the legal head office remains in Montreal.

  1. 1 · 1864Bedford Row, Halifax — First head office and Halifax branch, 1864–1879
  2. 2 · 1908147 (now 221) rue St. Jacques, Montreal — Head office and Montreal main branch, 1908–1928
  3. 3 · 1928360 St. James Street, Montreal — Newly built head office, 1928
  4. 4 · 19621 Place Ville-Marie, Montreal — Place Ville Marie opens; RBC's head office today
  5. 5 · 1976Royal Bank Plaza, 200 Bay Street, Toronto — Corporate headquarters today

Addresses: rbc.com (Virtual Exhibits, In Remembrance) · RBC Annual Information Form 2025 · Locations: OpenStreetMap

What RBC (Royal Bank of Canada) does

RBC is Canada's biggest bank. It runs personal and commercial banking, wealth management, insurance and capital markets for more than 19 million clients in Canada, the U.S. and 27 other countries, and bought HSBC Bank Canada in 2024.

Five business segments: Personal Banking, Commercial Banking, Wealth Management, Insurance and Capital Markets.

Where the money came from · total revenue by segment, FY2025 (C$)

Wealth ManagementWealth advice, asset management, City National in the U.S.
C$22.4B
Personal BankingEveryday banking, mortgages and cards
C$19.9B
Capital MarketsInvestment banking, lending and trading
C$14.4B
Commercial BankingBanking for businesses
C$8.6B
InsuranceLife, health, travel and reinsurance
C$1.3B

Source: RBC Annual Report 2025, Business segment results (Tables 17, 20, 21, 30, 31)

Revenue, FY2025C$66.6Bup 16% in a year
Net income, FY2025C$20.4Bup 25%
Revenue per employeeC$689KC$66.6B ÷ 96,628 FTE
Profit per employeeC$211KC$20.4B ÷ 96,628 FTE

Source: RBC Annual Report 2025 (fiscal year ended Oct 31, 2025) · per-employee figures calculated by eciffo

Growth: revenue vs. people

1.6×revenue, FY2017 → FY2025
C$40.7B → C$66.6B
1.2×employees (FTE), same years
78,210 → 96,628
YearRevenueEmployees
FY2017
C$40.7B
78,210
FY2018
C$42.6B
81,870
FY2019
C$46.0B
82,801
FY2020
C$47.2B
83,842
FY2021
C$49.7B
85,301
FY2022
C$49.0B
91,427
FY2023
C$56.1B
91,398
FY2024
C$57.3B
94,838
FY2025
C$66.6B
96,628

Fiscal years end October 31. Revenue and full-time-equivalent employees: RBC Annual Reports 2017, 2019, 2021, 2023 and 2025 (Form 40-F, Ex. 2); each year as reported in the following year's report where available (2022 as restated in 2023). Multiples calculated by eciffo.

Chief executives

No free-to-use photo.
2014 – today
Dave McKay

President since February 2014 and CEO since August 2014. Joined RBC in 1983 as a co-op student in computer programming; Group Head of Canadian Banking from 2008.

Created as the Merchants Bank in Halifax in 1864.

Source: RBC Annual Information Form 2025 · rbc.com executive biography

RBC (Royal Bank of Canada)'s official social accounts

Official accounts linked from rbc.com.

RBC (Royal Bank of Canada): questions people ask

Where is RBC's headquarters?

RBC's corporate headquarters is Royal Bank Plaza, 200 Bay Street, Toronto. Its legal head office is at 1 Place Ville-Marie, Montreal.

Source: RBC Annual Information Form 2025

Is RBC headquartered in Toronto or Montreal?

Both, in different senses: the corporate headquarters, where the bank is run, is in Toronto, and the head office named in its filings is at 1 Place Ville-Marie in Montreal. RBC's history pages show Montreal head offices from 1908 onward.

Source: RBC Annual Information Form 2025 · rbc.com, Virtual Exhibits

Who designed Royal Bank Plaza?

WZMH Architects. The complex was completed in 1976, and WZMH repositioned it in 2009, modernizing the mall, food court and office lobbies.

Source: WZMH Architects project page

How big is Royal Bank Plaza?

About 2,250,000 sq ft (≈ 209,000 m²) in two towers of 41 and 26 storeys, linked by a 40-metre glass atrium.

Source: WZMH Architects project page

Why are the Royal Bank Plaza towers gold?

The towers are clad in gold reflective glass. Their sawtooth shape makes the reflections change tone and colour throughout the day.

Source: WZMH Architects project page

Can you visit Royal Bank Plaza?

Its lower levels are public: banking halls, a 625-seat food court, a community art gallery in the main branch lobby, and walkways to the PATH network next to Union Station.

Source: WZMH Architects · diversity.rbc.com

How many people work at RBC?

96,628 full-time-equivalent employees at October 31, 2025. More than 70% of RBC's employees are in Canada.

Source: RBC Annual Report 2025 · jobs.rbc.com

What benefits does RBC offer?

In Canada: a share ownership plan where RBC generally matches 50% of contributions between 1% and 6% of salary, a defined contribution pension, fertility, surrogacy and adoption benefits, higher mental health cover and a flexible benefits plan.

Source: RBC Annual Report 2025 · jobs.rbc.com

Does RBC offer hybrid or remote work?

RBC says it invests in remote, hybrid and in-person work experiences so employees can collaborate wherever they work.

Source: jobs.rbc.com, “Investing in You”

Who is RBC's CEO?

Dave McKay, President since February 2014 and CEO since August 2014. He joined RBC in 1983 as a co-op student.

Source: RBC Annual Information Form 2025 · rbc.com

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Photos are credited to their source. If you hold the rights or represent RBC (Royal Bank of Canada) and want a photo changed or removed, contact us. Updated 2026-10-10.