The Royal Bank Building refers to two office buildings built for the Royal Bank of Canada

Royal Bank of Canada

The Royal Bank of Canada or RBC Financial Group is the largest financial institution in Canada, as measured by deposits, revenues, and market capitalization. The bank serves seventeen million clients and has 80,100 employees worldwide. The company corporate headquarters are located in Toronto,...

 in the Financial District

Financial District, Toronto

The Financial District is a business district in Toronto, Ontario, Canada, within the downtown core. It was originally planned as New Town in 1796 as an extension of the Town of York . It is the main financial district in Toronto, and is the financial heart of Canada...

 of Toronto

Toronto

Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

, Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

:

The 20-storey Royal Bank Building, located on the northeast corner of Yonge

Yonge Street

Yonge Street is a major arterial route connecting the shores of Lake Ontario in Toronto to Lake Simcoe, a gateway to the Upper Great Lakes. It was formerly listed in the Guinness Book of Records as the longest street in the world at , and the construction of Yonge Street is designated an "Event of...

 and King Streets, was completed in 1915 and designed by the architectural firm Ross and Macdonald

Ross and Macdonald

Ross and Macdonald was one of Canada's most notable architecture firms in the early 20th century. Based in Montreal, Quebec, the firm originally operated as a partnership between George Allen Ross and David MacFarlane from 1907 to 1912. MacFarlane retired in 1913, and Robert Henry Macdonald...

. The City of Toronto designated the building under the Ontario Heritage Act

Ontario Heritage Act

The Ontario Heritage Act, first enacted on March 5, 1975, allows municipalities and the provincial government to designate individual properties and districts in the Province of Ontario, Canada, as being of cultural heritage value or interest....

 in 1976. The building is also known by its municipal address, 2 King Street East.

The 12-storey Royal Bank Building, located at 20 King Street between Yonge and Bay

Bay Street

Bay Street, originally known as Bear Street, is a major thoroughfare in Downtown Toronto. It is the centre of Toronto's Financial District and is often used by metonymy to refer to Canada's financial industry since succeeding Montreal's St. James Street in that role in the 1970s...

 Streets, It served as the bank's Toronto offices until the Royal Bank Plaza

Royal Bank Plaza

Royal Bank Plaza in Toronto, Ontario, Canada, is the de facto headquarters of the Royal Bank of Canada. The building shares with the Fairmont Royal York Hotel the block in Toronto's financial district bordered by Bay, Front, York, and Wellington streets....

 was completed in 1977. It is still one of several buildings in Toronto's downtown core occupied by the Royal Bank. Construction on the building commenced with the laying of the cornerstone by then Royal Bank of Canada

Royal Bank of Canada

The Royal Bank of Canada or RBC Financial Group is the largest financial institution in Canada, as measured by deposits, revenues, and market capitalization. The bank serves seventeen million clients and has 80,100 employees worldwide. The company corporate headquarters are located in Toronto,...

 Chairman James Allan

James Allan

James Noble Allan was a Canadian politician.After serving as mayor of Dunnville and warden of Haldimand County along with various other municipal posts, Allan was first elected to the Legislative Assembly of Ontario in the 1951 provincial election as the Progressive Conservative Member of...

in 1964.