<?xml version="1.0" encoding="UTF-8"?>

<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd http://www.w3.org/1999/xlink http://www.xbrl.org/2003/xlink-2003-12-31.xsd http://xbrl.org/2008/label http://www.xbrl.org/2008/generic-label.xsd http://xbrl.org/2008/generic http://www.xbrl.org/2008/generic-link.xsd" xmlns:gen="http://xbrl.org/2008/generic" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:label="http://xbrl.org/2008/label" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#standard-label"/>
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/verboseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#verbose-label"/>
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/link" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-link.xsd#standard-link-role"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/arcrole/2008/element-label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#element-label"/>
  <gen:link xlink:type="extended" xlink:role="http://www.xbrl.org/2008/role/link">
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_AccruedIncomeOtherTypedMember" xlink:label="rj_AccruedIncomeOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_AccruedIncomeOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_AccruedIncomeOtherTypedMember_label_de">Kategorie von Sonstige aktive Rechnungsabgrenzungsposten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_AccruedIncomeOtherTypedMember_loc" xlink:to="rj_AccruedIncomeOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_AssetsCashFlowGeneratingUnitTypedMember" xlink:label="rj_AssetsCashFlowGeneratingUnitTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_AssetsCashFlowGeneratingUnitTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_AssetsCashFlowGeneratingUnitTypedMember_label_de">Aktiva</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_AssetsCashFlowGeneratingUnitTypedMember_loc" xlink:to="rj_AssetsCashFlowGeneratingUnitTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_AssetsFinancialLeasesTypedMember" xlink:label="rj_AssetsFinancialLeasesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_AssetsFinancialLeasesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_AssetsFinancialLeasesTypedMember_label_de">Aktiva finanzierungsleasing</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_AssetsFinancialLeasesTypedMember_loc" xlink:to="rj_AssetsFinancialLeasesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_AssetsHeldAsInvestmentTypedMember" xlink:label="rj_AssetsHeldAsInvestmentTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_AssetsHeldAsInvestmentTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_AssetsHeldAsInvestmentTypedMember_label_de">Für Investitionen vorgehaltene Aktiva</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_AssetsHeldAsInvestmentTypedMember_loc" xlink:to="rj_AssetsHeldAsInvestmentTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_AssetsOtherTypedMember" xlink:label="rj_AssetsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_AssetsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_AssetsOtherTypedMember_label_de">Kategorie von Sonstige Aktiva</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_AssetsOtherTypedMember_loc" xlink:to="rj_AssetsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_BoardOfDirectorsSupervisoryCommitteeTypedMember" xlink:label="rj_BoardOfDirectorsSupervisoryCommitteeTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_BoardOfDirectorsSupervisoryCommitteeTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_BoardOfDirectorsSupervisoryCommitteeTypedMember_label_de">Mitglied der Geschäftsführung, Vorstandmitglied oder Mitglied im Aufsichtssrat</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_BoardOfDirectorsSupervisoryCommitteeTypedMember_loc" xlink:to="rj_BoardOfDirectorsSupervisoryCommitteeTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_CashflowGeneratingUnitTypedMember" xlink:label="rj_CashflowGeneratingUnitTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_CashflowGeneratingUnitTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_CashflowGeneratingUnitTypedMember_label_de">Geldflussgenerierende Einheit</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_CashflowGeneratingUnitTypedMember_loc" xlink:to="rj_CashflowGeneratingUnitTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_CentralGovernmentContributionsTypedMember" xlink:label="rj_CentralGovernmentContributionsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_CentralGovernmentContributionsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_CentralGovernmentContributionsTypedMember_label_de">Reichsbeiträge</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_CentralGovernmentContributionsTypedMember_loc" xlink:to="rj_CentralGovernmentContributionsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ChangeAccountingEstimatesTypedMember" xlink:label="rj_ChangeAccountingEstimatesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ChangeAccountingEstimatesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ChangeAccountingEstimatesTypedMember_label_de">Änderung der Schätzung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ChangeAccountingEstimatesTypedMember_loc" xlink:to="rj_ChangeAccountingEstimatesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ChangeAccountingPoliciesTypedMember" xlink:label="rj_ChangeAccountingPoliciesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ChangeAccountingPoliciesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ChangeAccountingPoliciesTypedMember_label_de">Systemveränderung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ChangeAccountingPoliciesTypedMember_loc" xlink:to="rj_ChangeAccountingPoliciesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ClassOfSharesTypedMember" xlink:label="rj_ClassOfSharesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ClassOfSharesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ClassOfSharesTypedMember_label_de">Anteilsklasse</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ClassOfSharesTypedMember_loc" xlink:to="rj_ClassOfSharesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ClassTypedMember" xlink:label="rj_ClassTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ClassTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ClassTypedMember_label_de">Kategorie</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ClassTypedMember_loc" xlink:to="rj_ClassTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_CollateralTypedMember" xlink:label="rj_CollateralTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_CollateralTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_CollateralTypedMember_label_de">Sicherheit</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_CollateralTypedMember_loc" xlink:to="rj_CollateralTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_CommercialActivitiesTypedMember" xlink:label="rj_CommercialActivitiesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_CommercialActivitiesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_CommercialActivitiesTypedMember_label_de">Unternehmensaktivitäten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_CommercialActivitiesTypedMember_loc" xlink:to="rj_CommercialActivitiesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ConstructionContractsTypedMember" xlink:label="rj_ConstructionContractsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ConstructionContractsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ConstructionContractsTypedMember_label_de">Laufende Projekte</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ConstructionContractsTypedMember_loc" xlink:to="rj_ConstructionContractsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ContingentLiabilitiesCategoryTypedMember" xlink:label="rj_ContingentLiabilitiesCategoryTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ContingentLiabilitiesCategoryTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ContingentLiabilitiesCategoryTypedMember_label_de">Kategorie für nicht-bilanzierte Verbindlichkeiten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ContingentLiabilitiesCategoryTypedMember_loc" xlink:to="rj_ContingentLiabilitiesCategoryTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_CreditRatingTypedMember" xlink:label="rj_CreditRatingTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_CreditRatingTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_CreditRatingTypedMember_label_de">Kredit-Rating</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_CreditRatingTypedMember_loc" xlink:to="rj_CreditRatingTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_CurrencyTypedMember" xlink:label="rj_CurrencyTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_CurrencyTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_CurrencyTypedMember_label_de">Währung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_CurrencyTypedMember_loc" xlink:to="rj_CurrencyTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_DebtSecuritiesOtherTypedMember" xlink:label="rj_DebtSecuritiesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_DebtSecuritiesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_DebtSecuritiesOtherTypedMember_label_de">Kategorie der Sonstige Schuldtitel</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_DebtSecuritiesOtherTypedMember_loc" xlink:to="rj_DebtSecuritiesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_DesignatedFundTypedMember" xlink:label="rj_DesignatedFundTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_DesignatedFundTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_DesignatedFundTypedMember_label_de">Zweckgebundener Fonds</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_DesignatedFundTypedMember_loc" xlink:to="rj_DesignatedFundTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_DesignatedReserveTypedMember" xlink:label="rj_DesignatedReserveTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_DesignatedReserveTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_DesignatedReserveTypedMember_label_de">Zweckgebundene Rücklage</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_DesignatedReserveTypedMember_loc" xlink:to="rj_DesignatedReserveTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_DirectorTypedMember" xlink:label="rj_DirectorTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_DirectorTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_DirectorTypedMember_label_de">Vorstands- oder Aufsichtsratsmitglied</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_DirectorTypedMember_loc" xlink:to="rj_DirectorTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_DiscontinuedOperationsTypedMember" xlink:label="rj_DiscontinuedOperationsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_DiscontinuedOperationsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_DiscontinuedOperationsTypedMember_label_de">Aufgabe von Geschäftsbereichen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_DiscontinuedOperationsTypedMember_loc" xlink:to="rj_DiscontinuedOperationsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_DurationTypedMember" xlink:label="rj_DurationTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_DurationTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_DurationTypedMember_label_de">Laufzeit</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_DurationTypedMember_loc" xlink:to="rj_DurationTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_EducationActivitiesTypedMember" xlink:label="rj_EducationActivitiesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_EducationActivitiesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_EducationActivitiesTypedMember_label_de">Lehrtätigkeit</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_EducationActivitiesTypedMember_loc" xlink:to="rj_EducationActivitiesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_EmployeeBenefitsExpensesOtherTypedMember" xlink:label="rj_EmployeeBenefitsExpensesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_EmployeeBenefitsExpensesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_EmployeeBenefitsExpensesOtherTypedMember_label_de">Kategorie von Sonstige Aufwendungen im Rahmen von Mitarbeitervergütugen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_EmployeeBenefitsExpensesOtherTypedMember_loc" xlink:to="rj_EmployeeBenefitsExpensesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_EquityAndLiabilitiesOtherTypedMember" xlink:label="rj_EquityAndLiabilitiesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_EquityAndLiabilitiesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_EquityAndLiabilitiesOtherTypedMember_label_de">Kategorie von Sonstige Passiva</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_EquityAndLiabilitiesOtherTypedMember_loc" xlink:to="rj_EquityAndLiabilitiesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_EquityLiabilitiesTransferTypedMember" xlink:label="rj_EquityLiabilitiesTransferTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_EquityLiabilitiesTransferTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_EquityLiabilitiesTransferTypedMember_label_de">Umbuchung zwischen Eigen- und Fremdkapital</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_EquityLiabilitiesTransferTypedMember_loc" xlink:to="rj_EquityLiabilitiesTransferTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_EquityTypedMember" xlink:label="rj_EquityTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_EquityTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_EquityTypedMember_label_de">Eigenkapital</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_EquityTypedMember_loc" xlink:to="rj_EquityTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ExceptionalItemDescriptionTypedMember" xlink:label="rj_ExceptionalItemDescriptionTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ExceptionalItemDescriptionTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ExceptionalItemDescriptionTypedMember_label_de">Beschreibung Sonderposten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ExceptionalItemDescriptionTypedMember_loc" xlink:to="rj_ExceptionalItemDescriptionTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ExpensesOtherTypedMember" xlink:label="rj_ExpensesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ExpensesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ExpensesOtherTypedMember_label_de">Sonstige Kosten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ExpensesOtherTypedMember_loc" xlink:to="rj_ExpensesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_FinancialAssetsOtherTypedMember" xlink:label="rj_FinancialAssetsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_FinancialAssetsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_FinancialAssetsOtherTypedMember_label_de">Kategorie von Sonstiges Finanzanlagevermögen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_FinancialAssetsOtherTypedMember_loc" xlink:to="rj_FinancialAssetsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_FinancialInstrumentAssetsLiabilitiesTypedMember" xlink:label="rj_FinancialInstrumentAssetsLiabilitiesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_FinancialInstrumentAssetsLiabilitiesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_FinancialInstrumentAssetsLiabilitiesTypedMember_label_de">Aktiva und Verbindlichkeiten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_FinancialInstrumentAssetsLiabilitiesTypedMember_loc" xlink:to="rj_FinancialInstrumentAssetsLiabilitiesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_FinancialInstrumentsIssuedTypedMember" xlink:label="rj_FinancialInstrumentsIssuedTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_FinancialInstrumentsIssuedTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_FinancialInstrumentsIssuedTypedMember_label_de">Finanzinstruments ausgegeben</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_FinancialInstrumentsIssuedTypedMember_loc" xlink:to="rj_FinancialInstrumentsIssuedTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_FinancialInstrumentsObtainedTypedMember" xlink:label="rj_FinancialInstrumentsObtainedTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_FinancialInstrumentsObtainedTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_FinancialInstrumentsObtainedTypedMember_label_de">Finanzinstruments Erhaltenen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_FinancialInstrumentsObtainedTypedMember_loc" xlink:to="rj_FinancialInstrumentsObtainedTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_FinancialInstrumentsPolicyTypedMember" xlink:label="rj_FinancialInstrumentsPolicyTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_FinancialInstrumentsPolicyTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_FinancialInstrumentsPolicyTypedMember_label_de">Grundlage von Finanzinstrumenten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_FinancialInstrumentsPolicyTypedMember_loc" xlink:to="rj_FinancialInstrumentsPolicyTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_GeographicalAreaTypedMember" xlink:label="rj_GeographicalAreaTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_GeographicalAreaTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_GeographicalAreaTypedMember_label_de">Geografisches Gebiet</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_GeographicalAreaTypedMember_loc" xlink:to="rj_GeographicalAreaTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IncomeGeographicTypedMember" xlink:label="rj_IncomeGeographicTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IncomeGeographicTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IncomeGeographicTypedMember_label_de">Erträge, geografisches Gebiet</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IncomeGeographicTypedMember_loc" xlink:to="rj_IncomeGeographicTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IncomeIndustryTypedMember" xlink:label="rj_IncomeIndustryTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IncomeIndustryTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IncomeIndustryTypedMember_label_de">Erträge, Geschäftszweig</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IncomeIndustryTypedMember_loc" xlink:to="rj_IncomeIndustryTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IncomeTaxExpenseOtherTypedMember" xlink:label="rj_IncomeTaxExpenseOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IncomeTaxExpenseOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IncomeTaxExpenseOtherTypedMember_label_de">Kategorie von Sonstige Aufwendungen für Ertragssteuern</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IncomeTaxExpenseOtherTypedMember_loc" xlink:to="rj_IncomeTaxExpenseOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IncomeTypedMember" xlink:label="rj_IncomeTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IncomeTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IncomeTypedMember_label_de">Erträge</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IncomeTypedMember_loc" xlink:to="rj_IncomeTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IndividualAssetTypedMember" xlink:label="rj_IndividualAssetTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IndividualAssetTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IndividualAssetTypedMember_label_de">Individueller Vermögensposten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IndividualAssetTypedMember_loc" xlink:to="rj_IndividualAssetTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IndustryGroupTypedMember" xlink:label="rj_IndustryGroupTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IndustryGroupTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IndustryGroupTypedMember_label_de">Industriegruppe</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IndustryGroupTypedMember_loc" xlink:to="rj_IndustryGroupTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IndustryTypedMember" xlink:label="rj_IndustryTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IndustryTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IndustryTypedMember_label_de">Geschäftszweig</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IndustryTypedMember_loc" xlink:to="rj_IndustryTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IntangibleAssetsIndividualAssetOfImportanceTypedMember" xlink:label="rj_IntangibleAssetsIndividualAssetOfImportanceTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IntangibleAssetsIndividualAssetOfImportanceTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IntangibleAssetsIndividualAssetOfImportanceTypedMember_label_de">Einzelner, immaterieller Vermögensgegenstand, der für die juristische Person von großer Bedeutung ist</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IntangibleAssetsIndividualAssetOfImportanceTypedMember_loc" xlink:to="rj_IntangibleAssetsIndividualAssetOfImportanceTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_IntangibleAssetsOtherTypedMember" xlink:label="rj_IntangibleAssetsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_IntangibleAssetsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_IntangibleAssetsOtherTypedMember_label_de">Kategorie von Sonstiges immaterielles Anlagevermögen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_IntangibleAssetsOtherTypedMember_loc" xlink:to="rj_IntangibleAssetsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InventoriesOtherTypedMember" xlink:label="rj_InventoriesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InventoriesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InventoriesOtherTypedMember_label_de">Kategorie von Sonstige vorräte</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InventoriesOtherTypedMember_loc" xlink:to="rj_InventoriesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InvestmentTypedMember" xlink:label="rj_InvestmentTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InvestmentTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InvestmentTypedMember_label_de">Kapitalanlage</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InvestmentTypedMember_loc" xlink:to="rj_InvestmentTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InvestmentsInLandAndBuildingsOtherTypedMember" xlink:label="rj_InvestmentsInLandAndBuildingsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InvestmentsInLandAndBuildingsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InvestmentsInLandAndBuildingsOtherTypedMember_label_de">Kategorie von Sonstige kapitalanlagen in Betriebsgebäude und -grundstücke</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InvestmentsInLandAndBuildingsOtherTypedMember_loc" xlink:to="rj_InvestmentsInLandAndBuildingsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InvestmentsInParticipatingInterestsOtherTypedMember" xlink:label="rj_InvestmentsInParticipatingInterestsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InvestmentsInParticipatingInterestsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InvestmentsInParticipatingInterestsOtherTypedMember_label_de">Kategorie von Sonstige beteiligungen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InvestmentsInParticipatingInterestsOtherTypedMember_loc" xlink:to="rj_InvestmentsInParticipatingInterestsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InvestmentsInParticipatingInterestsTypedMember" xlink:label="rj_InvestmentsInParticipatingInterestsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InvestmentsInParticipatingInterestsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InvestmentsInParticipatingInterestsTypedMember_label_de">Beteiligungen an Beteiligungen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InvestmentsInParticipatingInterestsTypedMember_loc" xlink:to="rj_InvestmentsInParticipatingInterestsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InvestmentsOtherOnBehalfOfParticipantsTypedMember" xlink:label="rj_InvestmentsOtherOnBehalfOfParticipantsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InvestmentsOtherOnBehalfOfParticipantsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InvestmentsOtherOnBehalfOfParticipantsTypedMember_label_de">Kategorie von Sonstige kapitalanlagen auf Risiko Teilnehmer</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InvestmentsOtherOnBehalfOfParticipantsTypedMember_loc" xlink:to="rj_InvestmentsOtherOnBehalfOfParticipantsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InvestmentsOtherOnBehalfOfPensionFundTypedMember" xlink:label="rj_InvestmentsOtherOnBehalfOfPensionFundTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InvestmentsOtherOnBehalfOfPensionFundTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InvestmentsOtherOnBehalfOfPensionFundTypedMember_label_de">Kategorie von sonstige kapitalanlagen auf Risiko Pensionskasse</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InvestmentsOtherOnBehalfOfPensionFundTypedMember_loc" xlink:to="rj_InvestmentsOtherOnBehalfOfPensionFundTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_InvestmentsOtherTypedMember" xlink:label="rj_InvestmentsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_InvestmentsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_InvestmentsOtherTypedMember_label_de">Kategorie von Sonstige Kapitalanlagen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_InvestmentsOtherTypedMember_loc" xlink:to="rj_InvestmentsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_LicensingAgreementsTypedMember" xlink:label="rj_LicensingAgreementsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_LicensingAgreementsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_LicensingAgreementsTypedMember_label_de">Konzessionen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_LicensingAgreementsTypedMember_loc" xlink:to="rj_LicensingAgreementsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_MacroControlInstrumentsTypedMember" xlink:label="rj_MacroControlInstrumentsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_MacroControlInstrumentsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_MacroControlInstrumentsTypedMember_label_de">Macro Managementinstrumente</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_MacroControlInstrumentsTypedMember_loc" xlink:to="rj_MacroControlInstrumentsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_MaterialImpairmentLossIndividualAssetTypedMember" xlink:label="rj_MaterialImpairmentLossIndividualAssetTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_MaterialImpairmentLossIndividualAssetTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_MaterialImpairmentLossIndividualAssetTypedMember_label_de">Einzelner Vermögensgegenstand, bei dem es von materieller Bedeutung ist, das sich (ein) außergewöhnlicher Wertminderungsverlust darauf bezieht</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_MaterialImpairmentLossIndividualAssetTypedMember_loc" xlink:to="rj_MaterialImpairmentLossIndividualAssetTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_MergersAcquisitionsTypedMember" xlink:label="rj_MergersAcquisitionsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_MergersAcquisitionsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_MergersAcquisitionsTypedMember_label_de">Fusionen und Übernahmen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_MergersAcquisitionsTypedMember_loc" xlink:to="rj_MergersAcquisitionsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_NoncommercialActivitiesTypedMember" xlink:label="rj_NoncommercialActivitiesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_NoncommercialActivitiesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_NoncommercialActivitiesTypedMember_label_de">Nicht-unternehmerische Aktivitäten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_NoncommercialActivitiesTypedMember_loc" xlink:to="rj_NoncommercialActivitiesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_NumberOfOtherParticipantsTypedMember" xlink:label="rj_NumberOfOtherParticipantsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_NumberOfOtherParticipantsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_NumberOfOtherParticipantsTypedMember_label_de">Kategorie von Anzahl der anderen Teilnehmer</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_NumberOfOtherParticipantsTypedMember_loc" xlink:to="rj_NumberOfOtherParticipantsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ObjectiveTypedMember" xlink:label="rj_ObjectiveTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ObjectiveTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ObjectiveTypedMember_label_de">Zielstellung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ObjectiveTypedMember_loc" xlink:to="rj_ObjectiveTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_OperatingExpensesOtherTypedMember" xlink:label="rj_OperatingExpensesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_OperatingExpensesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_OperatingExpensesOtherTypedMember_label_de">Kategorie von Sonstige Betriebsausgaben</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_OperatingExpensesOtherTypedMember_loc" xlink:to="rj_OperatingExpensesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_OperatingIncomeOtherTypedMember" xlink:label="rj_OperatingIncomeOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_OperatingIncomeOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_OperatingIncomeOtherTypedMember_label_de">Kategorie von Sonstige betriebliche Erträge</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_OperatingIncomeOtherTypedMember_loc" xlink:to="rj_OperatingIncomeOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_OperatingSegmentTypedMember" xlink:label="rj_OperatingSegmentTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_OperatingSegmentTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_OperatingSegmentTypedMember_label_de">Name des operativen Segments</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_OperatingSegmentTypedMember_loc" xlink:to="rj_OperatingSegmentTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_OtherAssetsOtherTypedMember" xlink:label="rj_OtherAssetsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_OtherAssetsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_OtherAssetsOtherTypedMember_label_de">Kategorie von andere sonstige Aktiva</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_OtherAssetsOtherTypedMember_loc" xlink:to="rj_OtherAssetsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_OtherFinancialInvestmentsOtherTypedMember" xlink:label="rj_OtherFinancialInvestmentsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_OtherFinancialInvestmentsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_OtherFinancialInvestmentsOtherTypedMember_label_de">Kategorie von andere finanziellen Kapitalanlagen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_OtherFinancialInvestmentsOtherTypedMember_loc" xlink:to="rj_OtherFinancialInvestmentsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ParticipatingInterestTypedMember" xlink:label="rj_ParticipatingInterestTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ParticipatingInterestTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ParticipatingInterestTypedMember_label_de">Beteiligung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ParticipatingInterestTypedMember_loc" xlink:to="rj_ParticipatingInterestTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayableTypedMember" xlink:label="rj_PayableTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayableTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayableTypedMember_label_de">Verbindlichkeit</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayableTypedMember_loc" xlink:to="rj_PayableTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayablesCreditInstitutionsOtherTypedMember" xlink:label="rj_PayablesCreditInstitutionsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayablesCreditInstitutionsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayablesCreditInstitutionsOtherTypedMember_label_de">Kategorie der Sonstige Verbindlichkeiten bei Kreditinstituten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayablesCreditInstitutionsOtherTypedMember_loc" xlink:to="rj_PayablesCreditInstitutionsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayablesCustomersDepositsOtherTypedMember" xlink:label="rj_PayablesCustomersDepositsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayablesCustomersDepositsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayablesCustomersDepositsOtherTypedMember_label_de">Kategorie der Sonstige Verbindlichkeiten bei Kunden im Zusammenhang mit Einlagen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayablesCustomersDepositsOtherTypedMember_loc" xlink:to="rj_PayablesCustomersDepositsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayablesCustomersOtherOtherTypedMember" xlink:label="rj_PayablesCustomersOtherOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayablesCustomersOtherOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayablesCustomersOtherOtherTypedMember_label_de">Kategorie der Sonstige Arten von sonstigen Verbindlichkeiten bei Kunden</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayablesCustomersOtherOtherTypedMember_loc" xlink:to="rj_PayablesCustomersOtherOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayablesOtherCurrentTypedMember" xlink:label="rj_PayablesOtherCurrentTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayablesOtherCurrentTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayablesOtherCurrentTypedMember_label_de">Kategorie von Sonstige Verbindlichkeiten (kurzfristig)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayablesOtherCurrentTypedMember_loc" xlink:to="rj_PayablesOtherCurrentTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayablesOtherNoncurrentTypedMember" xlink:label="rj_PayablesOtherNoncurrentTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayablesOtherNoncurrentTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayablesOtherNoncurrentTypedMember_label_de">Kategorie von Sonstige Verbindlichkeiten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayablesOtherNoncurrentTypedMember_loc" xlink:to="rj_PayablesOtherNoncurrentTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayablesOtherTypedMember" xlink:label="rj_PayablesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayablesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayablesOtherTypedMember_label_de">Kategorie der Sonstige Verbindlichkeiten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayablesOtherTypedMember_loc" xlink:to="rj_PayablesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayablesTransactionsFinancialDerivativesTypedMember" xlink:label="rj_PayablesTransactionsFinancialDerivativesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayablesTransactionsFinancialDerivativesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayablesTransactionsFinancialDerivativesTypedMember_label_de">Verbindlichkeiten aus Vorgängen mit Bezug auf Finanzenderivate</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayablesTransactionsFinancialDerivativesTypedMember_loc" xlink:to="rj_PayablesTransactionsFinancialDerivativesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PersonnelTypedMember" xlink:label="rj_PersonnelTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PersonnelTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PersonnelTypedMember_label_de">Personal</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PersonnelTypedMember_loc" xlink:to="rj_PersonnelTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PriorPeriodErrorsTypedMember" xlink:label="rj_PriorPeriodErrorsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PriorPeriodErrorsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PriorPeriodErrorsTypedMember_label_de">Fehlerbehebung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PriorPeriodErrorsTypedMember_loc" xlink:to="rj_PriorPeriodErrorsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ProductGroupTypedMember" xlink:label="rj_ProductGroupTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ProductGroupTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ProductGroupTypedMember_label_de">Produktgruppe</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ProductGroupTypedMember_loc" xlink:to="rj_ProductGroupTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PropertyPlantEquipmentOtherTypedMember" xlink:label="rj_PropertyPlantEquipmentOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PropertyPlantEquipmentOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PropertyPlantEquipmentOtherTypedMember_label_de">Kategorie der Sonstiges Sachanlagevermögen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PropertyPlantEquipmentOtherTypedMember_loc" xlink:to="rj_PropertyPlantEquipmentOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ProvisionsOtherTypedMember" xlink:label="rj_ProvisionsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ProvisionsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ProvisionsOtherTypedMember_label_de">Kategorie von Sonstige Rückstellungen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ProvisionsOtherTypedMember_loc" xlink:to="rj_ProvisionsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ReceivablesFromBanksOtherTypedMember" xlink:label="rj_ReceivablesFromBanksOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ReceivablesFromBanksOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ReceivablesFromBanksOtherTypedMember_label_de">Kategorie von Sonstige Forderungen Banken</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ReceivablesFromBanksOtherTypedMember_loc" xlink:to="rj_ReceivablesFromBanksOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ReceivablesFromInsurancePoliciesOtherNotImmediatelyDueFromCurrentAccountsTypedMember" xlink:label="rj_ReceivablesFromInsurancePoliciesOtherNotImmediatelyDueFromCurrentAccountsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ReceivablesFromInsurancePoliciesOtherNotImmediatelyDueFromCurrentAccountsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ReceivablesFromInsurancePoliciesOtherNotImmediatelyDueFromCurrentAccountsTypedMember_label_de">Kategorie von nicht direkt aus laufenden Abrechnungen fällige Forderungen aus Versicherungspolicen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ReceivablesFromInsurancePoliciesOtherNotImmediatelyDueFromCurrentAccountsTypedMember_loc" xlink:to="rj_ReceivablesFromInsurancePoliciesOtherNotImmediatelyDueFromCurrentAccountsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ReceivablesOtherCurrentTypedMember" xlink:label="rj_ReceivablesOtherCurrentTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ReceivablesOtherCurrentTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ReceivablesOtherCurrentTypedMember_label_de">Kategorie von Sonstige Forderungen (kurzfristig)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ReceivablesOtherCurrentTypedMember_loc" xlink:to="rj_ReceivablesOtherCurrentTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ReceivablesOtherReinsurancePartTechnicalProvisionsTypedMember" xlink:label="rj_ReceivablesOtherReinsurancePartTechnicalProvisionsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ReceivablesOtherReinsurancePartTechnicalProvisionsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ReceivablesOtherReinsurancePartTechnicalProvisionsTypedMember_label_de">Kategorie von Sonstige Forderungen aus Rückdeckungsversicherungen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ReceivablesOtherReinsurancePartTechnicalProvisionsTypedMember_loc" xlink:to="rj_ReceivablesOtherReinsurancePartTechnicalProvisionsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_RegionTypedMember" xlink:label="rj_RegionTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_RegionTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_RegionTypedMember_label_de">Region</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_RegionTypedMember_loc" xlink:to="rj_RegionTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ReinsuranceOtherContractsTypedMember" xlink:label="rj_ReinsuranceOtherContractsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ReinsuranceOtherContractsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ReinsuranceOtherContractsTypedMember_label_de">Kategorie von Sonstige verträge Rückversicherung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ReinsuranceOtherContractsTypedMember_loc" xlink:to="rj_ReinsuranceOtherContractsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ReinsurancePartTechnicalProvisionTypedMember" xlink:label="rj_ReinsurancePartTechnicalProvisionTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ReinsurancePartTechnicalProvisionTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ReinsurancePartTechnicalProvisionTypedMember_label_de">Rückversicherungsteil (der) versicherungstechnische Rückstellung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ReinsurancePartTechnicalProvisionTypedMember_loc" xlink:to="rj_ReinsurancePartTechnicalProvisionTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_RelatedPartyTypedMember" xlink:label="rj_RelatedPartyTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_RelatedPartyTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_RelatedPartyTypedMember_label_de">Verbundene Partei</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_RelatedPartyTypedMember_loc" xlink:to="rj_RelatedPartyTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ReportingSegmentCashflowGeneratingUnitTypedMember" xlink:label="rj_ReportingSegmentCashflowGeneratingUnitTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ReportingSegmentCashflowGeneratingUnitTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ReportingSegmentCashflowGeneratingUnitTypedMember_label_de">Segmentberichterstattung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ReportingSegmentCashflowGeneratingUnitTypedMember_loc" xlink:to="rj_ReportingSegmentCashflowGeneratingUnitTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_RevenuesOtherTypedMember" xlink:label="rj_RevenuesOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_RevenuesOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_RevenuesOtherTypedMember_label_de">Kategorie von Erlöse aus sonstigen Quellen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_RevenuesOtherTypedMember_loc" xlink:to="rj_RevenuesOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_RightsGrantedExcercisedGroupTypedMember" xlink:label="rj_RightsGrantedExcercisedGroupTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_RightsGrantedExcercisedGroupTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_RightsGrantedExcercisedGroupTypedMember_label_de">Gewährte Gruppenrechte, Ausgeübte</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_RightsGrantedExcercisedGroupTypedMember_loc" xlink:to="rj_RightsGrantedExcercisedGroupTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_RightsGrantedNotYetExcercisedGroupTypedMember" xlink:label="rj_RightsGrantedNotYetExcercisedGroupTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_RightsGrantedNotYetExcercisedGroupTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_RightsGrantedNotYetExcercisedGroupTypedMember_label_de">Gewährte Gruppenrechte, noch nicht ausgeübten</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_RightsGrantedNotYetExcercisedGroupTypedMember_loc" xlink:to="rj_RightsGrantedNotYetExcercisedGroupTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_RiskGroupTypedMember" xlink:label="rj_RiskGroupTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_RiskGroupTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_RiskGroupTypedMember_label_de">Risikogruppe</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_RiskGroupTypedMember_loc" xlink:to="rj_RiskGroupTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SectorTypedMember" xlink:label="rj_SectorTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SectorTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SectorTypedMember_label_de">Sektor</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SectorTypedMember_loc" xlink:to="rj_SectorTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SegmentReportingTypedMember" xlink:label="rj_SegmentReportingTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SegmentReportingTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SegmentReportingTypedMember_label_de">Segmentinformationen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SegmentReportingTypedMember_loc" xlink:to="rj_SegmentReportingTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_ShareCertificatesTypedMember" xlink:label="rj_ShareCertificatesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_ShareCertificatesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_ShareCertificatesTypedMember_label_de">Aktienzertifikate</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_ShareCertificatesTypedMember_loc" xlink:to="rj_ShareCertificatesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SharesHeldInAdministrationTypedMember" xlink:label="rj_SharesHeldInAdministrationTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SharesHeldInAdministrationTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SharesHeldInAdministrationTypedMember_label_de">In Verwaltung gehaltene Aktien</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SharesHeldInAdministrationTypedMember_loc" xlink:to="rj_SharesHeldInAdministrationTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SourceOfProfitMember" xlink:label="rj_SourceOfProfitMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SourceOfProfitMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SourceOfProfitMember_label_de">Gewinnquelle</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SourceOfProfitMember_loc" xlink:to="rj_SourceOfProfitMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SpecialPurposeTypedMember" xlink:label="rj_SpecialPurposeTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SpecialPurposeTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SpecialPurposeTypedMember_label_de">Besonderer Verwendungszweck</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SpecialPurposeTypedMember_loc" xlink:to="rj_SpecialPurposeTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_StatisticalConnectionFactorsIncomeTaxAndResultBeforeTaxTypedMember" xlink:label="rj_StatisticalConnectionFactorsIncomeTaxAndResultBeforeTaxTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_StatisticalConnectionFactorsIncomeTaxAndResultBeforeTaxTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_StatisticalConnectionFactorsIncomeTaxAndResultBeforeTaxTypedMember_label_de">Faktoren, die das Verhältnis zwischen Steueraufwand bzw. -ertrag und Gewinn beeinflussen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_StatisticalConnectionFactorsIncomeTaxAndResultBeforeTaxTypedMember_loc" xlink:to="rj_StatisticalConnectionFactorsIncomeTaxAndResultBeforeTaxTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_StatutoryReserveDescriptionTypedMember" xlink:label="rj_StatutoryReserveDescriptionTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_StatutoryReserveDescriptionTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_StatutoryReserveDescriptionTypedMember_label_de">Beschreibung der gesetzlichen Reserve</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_StatutoryReserveDescriptionTypedMember_loc" xlink:to="rj_StatutoryReserveDescriptionTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SubfundsTypedMember" xlink:label="rj_SubfundsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SubfundsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SubfundsTypedMember_label_de">Teilfonds</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SubfundsTypedMember_loc" xlink:to="rj_SubfundsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SubordinatedLiabilitiesTypedMember" xlink:label="rj_SubordinatedLiabilitiesTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SubordinatedLiabilitiesTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SubordinatedLiabilitiesTypedMember_label_de">Nachrangige Schulden</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SubordinatedLiabilitiesTypedMember_loc" xlink:to="rj_SubordinatedLiabilitiesTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SubsequentEventsTypedMember" xlink:label="rj_SubsequentEventsTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SubsequentEventsTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SubsequentEventsTypedMember_label_de">Ereignis nach dem Bilanzstichtag</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SubsequentEventsTypedMember_loc" xlink:to="rj_SubsequentEventsTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SubsidyIncomeTypedMember" xlink:label="rj_SubsidyIncomeTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SubsidyIncomeTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SubsidyIncomeTypedMember_label_de">Einnahmen aus Zuschüssen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SubsidyIncomeTypedMember_loc" xlink:to="rj_SubsidyIncomeTypedMember_label_de"/>
    <label:label xlink:type="resource" xlink:label="rj_SubsidyIncomeTypedMember_verboseLabel_de" xlink:role="http://www.xbrl.org/2008/role/verboseLabel" xml:lang="de" id="rj_SubsidyIncomeTypedMember_verboseLabel_de">Beschreibung der Einnahmen aus Zuschüssen</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SubsidyIncomeTypedMember_loc" xlink:to="rj_SubsidyIncomeTypedMember_verboseLabel_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_TangibleAssetsOtherTypedMember" xlink:label="rj_TangibleAssetsOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_TangibleAssetsOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_TangibleAssetsOtherTypedMember_label_de">Kategorie der Sonstige Vermögensgegenstände des Anlagevermögens</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_TangibleAssetsOtherTypedMember_loc" xlink:to="rj_TangibleAssetsOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_TechnicalProvisionOtherTypedMember" xlink:label="rj_TechnicalProvisionOtherTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_TechnicalProvisionOtherTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_TechnicalProvisionOtherTypedMember_label_de">Kategorie von Sonstige versicherungstechnische Rückstellung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_TechnicalProvisionOtherTypedMember_loc" xlink:to="rj_TechnicalProvisionOtherTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_YearTypedMember" xlink:label="rj_YearTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_YearTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_YearTypedMember_label_de">Jahr</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_YearTypedMember_loc" xlink:to="rj_YearTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_MajorTypePerformanceObligationTypedMember" xlink:label="rj_MajorTypePerformanceObligationTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_MajorTypePerformanceObligationTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_MajorTypePerformanceObligationTypedMember_label_de">Wesentliche Art der Leistungsverpflichtung</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_MajorTypePerformanceObligationTypedMember_loc" xlink:to="rj_MajorTypePerformanceObligationTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_PayoutCapacityTypedMember" xlink:label="rj_PayoutCapacityTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_PayoutCapacityTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_PayoutCapacityTypedMember_label_de">Verteilungskapazität</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_PayoutCapacityTypedMember_loc" xlink:to="rj_PayoutCapacityTypedMember_label_de"/>
    <link:loc xlink:type="locator" xlink:href="rj-cor.xsd#rj_SpreadingCapacityTypedMember" xlink:label="rj_SpreadingCapacityTypedMember_loc"/>
    <label:label xlink:type="resource" xlink:label="rj_SpreadingCapacityTypedMember_label_de" xlink:role="http://www.xbrl.org/2008/role/label" xml:lang="de" id="rj_SpreadingCapacityTypedMember_label_de">Dispersionsfähigkeit</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="rj_SpreadingCapacityTypedMember_loc" xlink:to="rj_SpreadingCapacityTypedMember_label_de"/>
  </gen:link>
</link:linkbase>
