(Bloomberg) -- Royal Bank of Canada is exiting wealth management in the Caribbean, extending a retreat in its international wealth business that began last year in Latin America.
Royal Bank, Canadas second-largest lender by assets, is also closing some international advisory and private-banking groups in Canada and the U.S., and is reviewing its RBC Suisse business, Claire Holland, a spokeswoman for Toronto-based RBC Wealth Management, said today in an email statement. RBC Suisse provides international private banking and wealth- management services.
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