Depending on which institution is referenced, "Royal Bank" usually points either to the Royal Bank of Canada (RBC) or NatWest Group (formerly RBS). RBC continues to perform strongly as a premier tier-one North American financial institution, successfully integrating major acquisitions like HSBC Bank Canada and growing its wealth management footprint. Meanwhile, the legacy RBS group continues its long-term strategy of streamlining operations, improving digital capabilities, and returning full ownership stakes to private markets.