Sberbank has become the first financial institution to top RBC's ranking of Russia's largest companies by revenue, overtaking Gazprom and Rosneft.

The Los Angeles-based subsidiary of the Canadian lender is staffing up and “amplifying” RBC’s brand to grow its private bank business, an executive said.

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Is RBC down right now? Check the latest outage reports and share your experience. Get real-time alerts when RBC is down.

Artificial intelligence is creating new opportunities and cybersecurity challenges for family offices, according to RBC's 2026 North America Family Office Report. While generative and agentic AI can improve efficiency, streamline administrative processes, reduce operating costs and support investment decisions, the technology is also making cyberattacks more sophisticated and difficult to detect. Cybersecurity has emerged as the leading near-term operational concern among surveyed family offices. The proportion worried about data breaches and cyberattacks increased significantly, from 16 per cent in 2025 to 59 per cent in 2026. Half of respondents experienced phishing attempts, while one-quarter reported breaches involving a family member's personal accounts. Despite these threats, some basic security measures have become less common. The use of two-factor authentication declined from 92 per cent to 83 per cent, while dual authorization for payments fell from 84 per cent to 73 per cent. Meanwhile, AI adoption is expanding, with 54 per cent of surveyed family offices using the technology for investment research and 36 per cent applying it to collect and manage internal data. RBC's cybersecurity experts warn that criminals can use AI to gather information about wealthy families, personalize phishing campaigns and produce convincing voice and video deepfakes. Family offices are particularly attractive targets because they manage concentrated wealth, often operate with relatively small teams and typically maintain discreet business structures. Adam Evans, RBC's chief information security officer, recommends establishing clear AI governance policies, separating personal digital activities from business systems, strengthening cybersecurity protocols and preparing for potential incidents. He also advises organizations to consider whether AI tools could gain unauthorized access to other parts of their networks. More than 70 per cent of family offices now outsource at least some cybersecurity responsibilities. However, experts emphasize that technology alone cannot eliminate the risks. Human oversight remains essential because AI systems can generate inaccurate or misleading information, commonly known as hallucinations. RBC executives say family offices can benefit from widely available AI platforms, including Microsoft Copilot, ChatGPT, Claude and Gemini, provided they establish appropriate safeguards. Ultimately, the challenge is to improve productivity and decision-making without compromising confidential information, security or human judgment.

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Bank of Montreal chief executive officer Darryl White says its a bad idea to give AI agents access to personal banking information like account numbers, passwords and PINs.

Even after a trade war escalated and Canada's prime minister declared a "rupture" in the world order, Royal Bank of Canada CEO Dave McKay is hopeful about the future. Here's why the head of Canada's…

In September 2026, RBC released survey results from parents with adult children aged 18–40. Its commentary helped spur claims of a rising trend in support, lasting dependence and a lost generation.

Bruce Ross says the bank is concerned about letting AI agents access customer accounts and move money without the right safeguards in place

Bank of Montreal chief executive officer Darryl White says its a bad idea to give AI agents access to personal banking information like account numbers, passwords and PINs.

Bank of Montreal chief executive officer Darryl White says its a bad idea to give AI agents access to personal banking information like account numbers, passwords and PINs.

Royal Bank of Canada’s capital markets division named Sara Mahaffy as head of Canadian equity strategy, marking the first time in a decade it’s had a dedicated strategist covering the domestic stock m

Royal Bank of Canada’s head of AI says the lender is concerned about AI agents accessing customer accounts and moving money on their behalf, adding that the firm will not let the likes of Meta’s Muse ...

Royal Bank of Canada’s capital markets division named Sara Mahaffy as head of Canadian equity strategy. Find out more here

Futurpreneur supports diverse young entrepreneurs ages 18-39 across Canada, offering accessible start-up loan financing, mentorship, experiences and resources.

Bruce Ross says the bank is concerned about letting AI agents access customer accounts and move money without the right safeguards in place