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According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd, and 63rd place, respectively. [4] RBC and TD Bank are also on the Financial Stability Board's list of systemically important banks as of 2020 ...
National Bank of Canada, which began as a regional bank in Quebec but expanded nationally, is the sixth largest Canadian bank. [9] In 2022, Canada’s Big Six held about 93% of all banking assets in the country. It is the same share they held a decade earlier, and a decade before that. [10]
The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's 25 largest banks. [2] It has been considered to be one of the safest and soundest banking systems in the world, and avoided major problems in the Financial crisis of 2007–2008. [3] Canada's banks have high service levels and investments in technology.
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Bank of China: 5 209.295 6 187.79 China Construction Bank: 6 192.715 5 197.15 Wells Fargo: 7 192.279 7 187.13 HSBC: 8 163.544 10 159.35 Commonwealth Bank: 9 156.639 Goldman Sachs: 10 156.356 Royal Bank of Canada: 8 173.86 Morgan Stanley: 9 169.17
Key takeaways. The best big banks all had an iOS mobile app rating of at least 4.8. The absolute largest banks – based on branch locations – didn't make Bankrate's best bank list.
Bank name Country Total assets (2023) (billions of US$) Headquarter city 1 JPMorgan Chase United States: $3,898.33 New York City: 2 Bank of America United States: $3,051.38 Charlotte: 3 Citigroup United States: $2,416.68 New York City 4 Wells Fargo United States: $1,881.02 San Francisco: 5 Royal Bank of Canada Canada: $1,544.17 Montreal: 6 TD ...
0.5 1.5 1.8 0.8 Pharmaceuticals 52 1757 Constellation Software: Toronto 3.1 0.4 2.9 18.7 IT services 53 1805 Canadian Utilities: Calgary 3.4 0.5 16.0 7.6 Utilities 54 1940 Laurentian Bank of Canada: Montreal 1.4 0.2 34.4 1.3 Banking 55 1975 Goldcorp: Vancouver 3.0 −4.2 17.0 9.4 Mining 56 1978 CAPREIT: Toronto 0.5 0.9 7.9 5.5 Real estate