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As the bank grew, executives changed its name to reflect its growth and western expansion. [13] In 1901, the Merchants Bank of Halifax changed its name to the Royal Bank of Canada (RBC). The centre of the Canadian financial industry had moved from Halifax to Montreal, so the Merchants Bank relocated its head office there.
RBC Bank is the trading name of RBC Bank (Georgia), N.A., the United States–based retail banking division of the Royal Bank of Canada (RBC) which is targeted toward Canadian snowbirds, expatriates, and frequent tourists. Despite its limited reach, RBC Bank is a federally chartered bank, thus its trading name bears "N.A." letters.
Founded as the Union Bank of Lower Canada, the name changed to the Union Bank of Canada in 1886. [168] Merged into the Royal Bank of Canada. [169] Union Bank of Halifax: 1856 1910 Merged into the Royal Bank of Canada. [170] Union Bank of Montreal 1830s 1840s Founded as the Union Bank, the name changed to the Union Bank of Montreal about 1841 ...
Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Scotiabank, Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and Toronto-Dominion Bank (TD).
RBTT's history in Trinidad and Tobago began in 1902 when the Union Bank of Halifax, based in Nova Scotia, Canada, opened a branch in Port of Spain.Union Bank, like many other Canadian banks, was drawn to the West Indies by the flourishing trade between the Canadian Maritimes (e.g. Nova Scotia) with the wider West Indies region.
RBC Dominion Securities was the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and formed part of RBC's Wealth Management and Capital Markets divisions. Today, RBC Dominion Securities is known as RBC Capital Markets [ 1 ] and RBC Wealth Management.
Moneris was established in December 2000, as a joint venture between the Royal Bank of Canada and Bank of Montreal. [4] The company is headquartered in the Toronto suburb of Etobicoke, Ontario and has offices in Sackville, New Brunswick, [5] Burnaby, British Columbia, [6] Montreal, Quebec, [6] and Calgary, Alberta. [6]
The firm shared the premises of that bank from 1895. [3] Donald Smith, who at the time presided over the Bank of Montreal, was the inaugural president of Royal Trust. [4] In 1895, Royal Trust and Fidelity changed its name to Royal Trust Company. Royal Trust Building in Montreal. Royal Trust operated out of the Bank of Montreal Building until ...