Royal Bank of Canada engages in the provision of banking and financial solutions. It operates through the following business segments: Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support. The Personal and Commercial Banking segment comprises personal banking operations and certain retail investment businesses. The Wealth Management segment serves affluent, high net worth and ultra high net worth clients in Canada, the United States, and selected regions outside North America with a full suite of investment, trust and other wealth management solutions and businesses that provide asset management products and services. The Insurance segment refers to a range of life, health, home, auto, travel, wealth, group, and reinsurance products. The Investor and Treasury Services segment offers custodial, advisory, financing and other services for clients to safeguard assets, maximize liquidity, and manage risk in multiple jurisdictions. The Capital Markets segment includes services among public and private companies, institutional investors, governments and central banks globally with a wide range of capital markets products and services. The company was founded by J. W. Merkell, Edward Kenny, T. C. Kinnear, James B. Duffus, William Cunard, John Tobin, George P. Mitchell and Jeremiah Northup in 1864 and is headquartered in Toronto, Canada.