Written by Chris MacDonald at The Motley Fool Canada
Royal Bank of Canada (TSX:RY) is one of the largest banks in Canada and is a major player in the finance sector. Royal Bank of Canada’s significant presence in the financial market makes it one of the best investment options to add to your portfolio as a Canadian investor.
In this article, I’ll discuss why this Canadian Stalwart is a must-buy in the present situation.
Royal Bank’s size and diversification matters
As one of the largest banks in Canada, Royal Bank offers a very diversified portfolio of financial services. These range from personal and commercial banking, insurance, corporate banking, wealth management and capital market services. The bank predominantly operates in Canada and has additional operations in the U.S. and other countries.
As one of the top 10 largest banks in the world, Royal Bank certainly falls under the umbrella of “too…
