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The Royal Trust Company is a Canadian trust company that was founded in 1892 in Montreal, Quebec. By the late 20th century, it carried out trust, financial, real estate and deposit services in over 100 branches in Canada, the U.S. and overseas. [ 1 ]
For much of the 20th century, Canada's trust companies were controlled by the major banks through interlocking directorates. However, revisions to the Bank Act in 1967 forbade individuals from sitting on a bank and trust company board simultaneously; this had been a recommendation in the 1964 Report of the Royal Commission on Banking and ...
Royal Trust may refer to: Royal Trust (Belgium) Royal Trust, a trust company founded in 1899 in Montreal and part of Royal Bank of Canada since 1993; Royal ...
Originally founded as a trust company named Pacific & Western Trust Corporation in Saskatoon, Saskatchewan in 1980. It later moved its head offices to London, Ontario. On 1 August 2002, it was granted a Schedule I chartered bank licence and became Pacific & Western Trust Bank of Canada before finally changing its name to VersaBank in 2016.
Founded as the Toronto General Trusts Company, in 1899 it took over the Trust Corporation of Ontario, at which time it changed its name to the Toronto General Trusts Corporation. By the 1950s, Toronto General was Canada's fourth largest trust company after Royal Trust, Montreal Trust, and National Trust.
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List of trust and loan companies in Canada; M. ... Royal Trust Company; T. Toronto General Trusts This page was last edited on 2 July 2017, at 11:26 (UTC). ...
In 1993, RBC merged with Royal Trust. In 1998, RBC acquired Security First Network Bank in Atlanta—the first pure Internet bank. [24] In the same year, the Royal Bank of Canada proposed to merge with the Bank of Montreal, at the same time as the Toronto-Dominion Bank proposed to merge with the Canadian Imperial Bank of Commerce.