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Big Five (banks)
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). All of the five Canadian banks maintain their respective headquarters in Toronto's Financial District, primarily along Bay Street. All five banks are classified as Schedule I banks that are domestic banks operating in Canada under government charter. The banks' shares are widely held, with any entity allowed to hold a maximum of twenty percent. 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. RBC and TD Bank are also on the Financial Stability Board's list of systemically important banks as of 2020. The term “Big Six” is sometimes used to incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Bank Plaza
Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family or royalty Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a city * Royal, Missouri, an unincorporated community * Royal, Nebraska, a village * Royal, Franklin County, North Carolina, an unincorporated area * Royal, Utah, a ghost town * Royal, West Virginia, an unincorporated community * Royal Gorge, on the Arkansas River in Colorado * Royal Township (other) Elsewhere * Mount Royal, a hill in Montreal, Canada * Royal Canal, Dublin, Ireland * Royal National Park, New South Wales, Australia Arts, entertainment, and media * ''Royal'' (Jesse Royal album), 2021 * Royal (Ayo album), 2020 * '' The Royal'', a British medical drama television series * '' The Royal Magazine'', a monthly British literary magazine published between 1898 and 1939 * '' The Raja Saab'', working tit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Trust
The Canada Trust Company was a Canadian trust company founded in 1894 in Calgary, Alberta, as the General Trust Corporation of Canada. In 1899, it was acquired by the Huron and Erie Savings and Loan Society, which moved the company to London, Ontario, and changed its name to the Canada Trust Company. In September 1985, Canada Trust was acquired by the conglomerate Genstar Corp. and, at the beginning of 1986, Genstar merged Canada Trust with Canada Permanent. The new company, which became the country's sixth-largest financial institution, was acquired in March 1986 by the tobacco conglomerate Imasco. In June 1999, Imasco's controlling shareholder, British American Tobacco, announced its plan to increase its share to a majority. As part of the deal, British American would sell Canada Trust to the Toronto-Dominion Bank. The sale, worth CAD$7.8 billion, closed on 1 February 2000. History Founding in Calgary, 1894–1899 The articles of incorporation of the General Trust Corporati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CIBC Square
CIBC Square (known during early stages of development as Bay Park Centre) is an office complex in the South Core neighbourhood of Toronto, Ontario, Canada. The complex, located on Bay Street south of Front Street, is a joint development between Ivanhoé Cambridge and Hines. It serves as the new global operational headquarters for the Canadian Imperial Bank of Commerce (CIBC), consolidating approximately 15,000 staff from several CIBC-tenanted buildings in the Greater Toronto Area, including its existing headquarters at Commerce Court. The development also includes the Union Station Bus Terminal constructed on behalf of Metrolinx for GO Transit, as well as other inter-city bus services, connected directly to Union Station, and a one-acre park elevated over the rail corridor. Design The approximately complex will consist of two towers to be completed in two phases. The 49 storey south tower (81 Bay Street) was completed first, built on the site of a former parking lot oppo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simplii Financial
Simplii Financial is a Canadian direct bank and the digital banking division of the Canadian Imperial Bank of Commerce (CIBC). It offers no-fee chequing and savings accounts, a VISA credit card, Guaranteed Investment Certificates (GICs), mortgages and mutual funds. These savings and investment products are also eligible for registration under a Tax-Free Savings Account (TFSA) or a Registered Retirement Savings Plan (RRSP). As of 2023, the bank has almost two million clients. In 2021, Simplii Financial became the first in Canadian banking to enable digital identity verification – giving international students and newcomers the opportunity to open accounts completely digitally before arriving in Canada. In June 2023, Simplii rebranded its look including logo and colours – replacing original navy blue and red tones with magenta pink, lime green and black. On its website, Simplii stated the changes set it “apart from the more old-fashioned competition.” A new slogan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scotia Plaza
Scotia Plaza is a commercial skyscraper in the city of Toronto, Ontario, Canada. Originally built to serve as the global headquarters of Canadian bank Scotiabank, it is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the north. At , Scotia Plaza is Canada's third tallest skyscraper and the 52nd tallest building in North America. It is connected to the PATH network, and contains of office space on 68 floors and 40 retail stores. Olympia and York developed the complex as an expansion of the adjacent headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the company was liquidated due to overwhelming debt in 1993. Scotiabank led a consortium of banks to purchase the mortgage for Scotia Plaza and over the next five years, it purchased additional shares from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tangerine Bank
Tangerine Bank ( operating as Tangerine) is a Canadian direct bank that is a subsidiary of Scotiabank. It offers no-fee chequing and savings accounts, guaranteed investment certificates (GICs), mortgages and mutual funds (through a subsidiary). Many savings and investment products are eligible for registration under a tax-free savings account (TFSA), registered retirement savings plan (RRSP) or registered retirement income fund (RRIF). The bank was founded by ING Group in April 1997 as ING Bank of Canada (operating as ING Direct). In November 2012, it was acquired by Scotiabank. The new name for the bank was revealed in November 2013, and the Tangerine branding was rolled out beginning in April 2014. Although now wholly owned by Scotiabank, Tangerine remains a separate legal entity and thus kept its unique Institution Number (614), with all accounts being under a single transit number (00152). History Tangerine was originally founded in April 1997 as ING Group (using the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montreal
Montreal is the List of towns in Quebec, largest city in the Provinces and territories of Canada, province of Quebec, the List of the largest municipalities in Canada by population, second-largest in Canada, and the List of North American cities by population, ninth-largest in North America. It was founded in 1642 as ''Fort Ville-Marie, Ville-Marie'', or "City of Mary", and is now named after Mount Royal, the triple-peaked mountain around which the early settlement was built. The city is centred on the Island of Montreal and a few, much smaller, peripheral islands, the largest of which is Île Bizard. The city is east of the national capital, Ottawa, and southwest of the provincial capital, Quebec City. the city had a population of 1,762,949, and a Census geographic units of Canada#Census metropolitan areas, metropolitan population of 4,291,732, making it the List of census metropolitan areas and agglomerations in Canada, second-largest metropolitan area in Canada. French l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Jacques Street
Saint Jacques Street (, ), or St. James Street, is a major street in Montreal, Quebec, Canada, running from Old Montreal westward to Lachine. In 1818 the Bank of Montreal built its headquarters on St James, which began the development of the street as a major financial centre. Other financial companies that established head offices on St James included the Royal Bank of Canada, Banque canadienne nationale, Banque provinciale du Canada, Molsons Bank, Merchants Bank, Crédit foncier franco-canadien, Banque du peuple, City Bank of Montreal, Montreal City and District Savings Bank, Royal Trust Company, Crown Trust Company, and Nesbitt Thomson. Numerous British insurance companies had their Canadian head offices on St James. These included the Life Association of Scotland, Liverpool & London & Globe Insurance, Yorkshire Insurance, Standard Life, Colonial Life, Guardian Fire and Life, and London and Lancashire Insurance. Additionally, most financial companies based e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Montreal Head Office, Montreal
The Bank of Montreal's Head Office () is located on 119, rue Saint Jacques (119, Saint Jacques Street) in Montreal, Quebec, Canada, across the Place d'Armes from the Notre-Dame Basilica in the Old Montreal neighbourhood. The Bank of Montreal is the oldest bank in Canada, founded in 1817. Although it still remains the bank's legal headquarters, its operational head office was moved to First Canadian Place in Toronto in 1977 due to political instability in Quebec. The centrepiece of the complex is the Bank of Montreal Main Branch, a Pantheon-like building designed by John Wells in 1847. The building was inspired by the design of the former headquarters of the Commercial Bank of Scotland in Edinburgh. The building is in neoclassical style. The sculpted pediment of the building was done by Sir John Steell. The bronze pediment (23 tons, 16-meter wide) was melted in Scotland. Enlargements to the building were made in 1901–1905 by the New York City firm of McKim, Mead & White. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Canadian Place
First Canadian Place is a skyscraper in the Financial District of Toronto, Ontario, at the northwest corner of King and Bay streets, and serves as the global operational executive office of the Bank of Montreal. At , it is the tallest building in Canada, the 34th tallest building in North America, and the 243rd tallest in the world. It is also the third tallest free-standing structure in Canada, after the CN Tower (also in Toronto) and the Inco Superstack chimney (projected to be demolished) in Sudbury, Ontario. The building is owned by Manulife Financial Corporation (50%) in addition to a private consortium of investors including CPP Investments. The building is managed by Brookfield Properties. History and architecture First Canadian Place is named for Canada's first bank, the Bank of Montreal. The main building in the complex was intended to be known as "First Canadian Bank Tower." Designed by B+H Architects with Edward Durell Stone as a design consultant, constru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto-Dominion Centre
The Toronto-Dominion Centre, or TD Centre, is an office complex of six skyscrapers in the Financial District, Toronto, Financial District of downtown Toronto owned by Cadillac Fairview. It serves as the global headquarters for its anchor tenant, the Toronto-Dominion Bank, and provides office and retail space for many other businesses. The complex consists of six towers and a pavilion covered in bronze-tinted glass and black-painted steel. Approximately 21,000 people work in the complex, making it the largest commercial office complex in Canada. The project was the inspiration of Allen Lambert, former president and chairman of the board of the Toronto-Dominion Bank. Sister-in-law Phyllis Lambert recommended Ludwig Mies van der Rohe as design consultant to the architects, John B. Parkin, John B. Parkin and Associates and Bregman + Hamann Architects, Bregman + Hamann, and the Cadillac Fairview, Fairview Corporation as the developer. The towers were completed between 1967 and 1991. An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
