The Royal Bank of Canada (RBC; French: Banque royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 16 million clients and has 86,000+ employees worldwide. The bank was founded in 1864 in Halifax, Nova Scotia, and maintains a corporate headquarters in Toronto and its head office in Montreal. RBC’s institution number (or bank number) is 003. In November 2017, RBC was added to the Financial Stability Board’s list of global systemically important banks.