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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 ...
Bank of British North America – acquired by Bank of Montreal; Bank of Hamilton – acquired by Canadian Imperial Bank of Commerce; Bank of New Brunswick – acquired by Bank of Nova Scotia; Bank of Upper Canada; Canada Trust – acquired by Toronto-Dominion Bank; Canadian Commercial Bank; City Bank; Consolidated Bank of Canada; Continental ...
In modern history, Royal Bank (RBC) has always been the largest by a significant margin, [20] although TD Bank has caught up to RBC in recent years. Up to the late 1990s, CIBC was the second largest, [21] followed by Bank of Montreal, Scotiabank, and TD Bank. [22] During the late 1990s and beyond, this ranking changed due to several ...
Montreal 11.0 3.3 30.5 67.9 Transportation: 16 397 Power Corporation of Canada: Montreal 40.0 1.0 326.7 11.4 Finance 17 427 Magna International: Aurora 40.8 2.3 25.9 18.3 Automotive parts 18 501 National Bank of Canada: Montreal 8.4 1.7 200.5 15.9 Banking 19 566 Rogers Communications: Toronto 11.6 1.6 23.4 26.6 Telecommunication 20 623 Teck ...
BMO Capital Markets is the investment banking subsidiary of Canadian Bank of Montreal.The company offers corporate, institutional and government clients access to a range of financial services.
The Alberta Treasury Branches rebranded in January 2002 as ATB Financial in an effort to gain stronger brand recognition in urban areas such as Calgary and Edmonton. By 2002 ATB Financial controlled 15 per cent of the province's retail banking, but lagged in the cities with seven per cent in Calgary and eight per cent in Edmonton. [ 56 ]
Servus was created through the merger of several smaller regional credit unions in Alberta, the largest being Capital City Savings & Credit Union, based in Edmonton, which was formed in 1938. The various branches, however, have separate histories going back to 1937.
The Bank of Montreal has been paying dividends to share holders every year since 1829 (196 years ago), [13] Scotiabank since 1833 (192 years ago), [13] Toronto-Dominion Bank since 1857 (168 years ago), [14] Canadian Imperial Bank of Commerce since 1868 (157 years ago) [15] and Royal Bank of Canada since 1870 (155 years ago) [16] respectively.