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Edwin Henry King
Edwin Henry King (December 1828 – April 14, 1896) was a Canadian banker. Born in Ireland, King emigrated to Canada in 1850. He joined the Bank of Montreal in 1857, became general manager at age 35. He held the manager position from 1863 to 1869 and was president of the bank from 1869 to 1873, the youngest person to hold that position. King was ruthless in his promotion of the Bank of Montreal and was described as "a little god who dares to treat the representatives of all other banks" in an insulting manner, a "truculent and uncompromising" fellow, and "very peculiar." He moved the bank into the professional realm, focusing on commercial credit. His personality and business practices angered many Toronto capitalists leading one of the bank's directors, Senator William McMaster, to found the Canadian Bank of Commerce. Taking advantage of the instability caused by the American Civil War The American Civil War (April 12, 1861May 26, 1865; also known by Names of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Montreal
The Bank of Montreal (, ), abbreviated as BMO (pronounced ), is a Canadian multinational Investment banking, investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank, making it Canada's oldest bank. In 2023, the company’s seat in the Forbes Global 2000, ''Forbes'' Global 2000 was 84. Its head office is in Montreal and its operational headquarters and executive offices are located in Toronto, Ontario, since 1977. It is commonly known by its ticker symbol BMO on both the Toronto Stock Exchange and the New York Stock Exchange. In April 2024, it had CA$1.37 trillion in total assets. The Bank of Montreal ISO 9362, swift code is BOFMCAM2 and the institution number is 001. In Canada, BMO has more than 900 branches and more than 1000 in the United States, serving over 13 million customers globally. In the United States, BMO does business as BMO Financial Group, where it has substantial operations in the Chicago area and els ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadians
Canadians () are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity and Canadian values. Canada has also been strongly influenced by its linguistic, geograph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ireland
Ireland (, ; ; Ulster Scots dialect, Ulster-Scots: ) is an island in the North Atlantic Ocean, in Northwestern Europe. Geopolitically, the island is divided between the Republic of Ireland (officially Names of the Irish state, named Irelanda sovereign state covering five-sixths of the island) and Northern Ireland (part of the United Kingdomcovering the remaining sixth). It is separated from Great Britain to its east by the North Channel (Great Britain and Ireland), North Channel, the Irish Sea, and St George's Channel. Ireland is the List of islands of the British Isles, second-largest island of the British Isles, the List of European islands by area, third-largest in Europe, and the List of islands by area, twentieth-largest in the world. As of 2022, the Irish population analysis, population of the entire island is just over 7 million, with 5.1 million in the Republic of Ireland and 1.9 million in Northern Ireland, ranking it the List of European islands by population, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William McMaster
William McMaster (24 December 1811 – 22 September 1887) was a Canadian wholesaler, senator and banker in the 19th century. A director of the Bank of Montreal from 1864 to 1867, he was a driving force behind the creation of the Canadian Bank of Commerce of which he was the founding president from 1867 to his death in 1887. He sat in the Senate of Canada from 1867 to 1887 as a Liberal. He also helped found McMaster University in Toronto (later moved to Hamilton), Ontario. Biography Born in County Tyrone, Northern Ireland, McMaster migrated to York, Upper Canada, (now Toronto) in 1833. He was married for the first time to Mary Henderson (1812–1869) of New York. He married a second time on 18 July 1871, to Susan Fraser (née Moulton), the widow of a James Fraser, an Indian Paymaster for the United States government. He died in 1887 and is buried in Mount Pleasant Cemetery, Toronto with his first wife Mary with second wife Susan buried at Mont Royal Cemetery in Montreal. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Bank Of Commerce
The Canadian Bank of Commerce was a Canadian bank that operated from 1867 to 1961. It merged in 1961 with the Imperial Bank of Canada to form the Canadian Imperial Bank of Commerce, which today is one of Canada's Big Five banks of Canada, Big Five banks. History In 1866 a group of businessmen, including William McMaster, purchased a charter from the defunct Bank of Canada, which had folded in 1858. The Canadian Bank of Commerce was founded the following year, issued stock, and opened its headquarters in Toronto, Ontario. The bank soon opened branches in London, St. Catharines and Barrie. During the following years, the bank opened more branches in Ontario, and took over the business of the local Gore Bank, before expanding across Canada through the acquisition of the Bank of British Columbia in 1901 and the Halifax Banking Company in 1903. By 1907 the Canadian Bank of Commerce had 172 branches. By the beginning of World War II, this had expanded to 379 branches, including a l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861May 26, 1865; also known by Names of the American Civil War, other names) was a civil war in the United States between the Union (American Civil War), Union ("the North") and the Confederate States of America, Confederacy ("the South"), which was formed in 1861 by U.S. state, states that had Secession in the United States, seceded from the Union. The Origins of the American Civil War, central conflict leading to war was a dispute over whether Slavery in the United States, slavery should be permitted to expand into the western territories, leading to more slave states, or be prohibited from doing so, which many believed would place slavery on a course of ultimate extinction. Timeline of events leading to the American Civil War, Decades of controversy over slavery came to a head when Abraham Lincoln, who opposed slavery's expansion, won the 1860 presidential election. Seven Southern slave states responded to Lincoln's victory by seceding f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Act (Canada)
The ''Bank Act'' (1991, c. 46) () is an act of the Parliament of Canada respecting banks and banking. History The ''Bank Act'' was originally passed in 1871. The terms of the ''Act'' provide for a statutory review of the ''Act'' on a regular basis to ensure that legislators update the ''Act'' in order that it keep pace with developments in the financial system. Historically, this was done on a decennial basis. In 1992, this requirement was changed to every five years. The ''Act'' contains a "sunset" clause providing that it and the bank charters provided by it will expire unless the statutory review is conducted every five years. In 2016 the Federal Government proposed a two-year extension to the review deadline. The most recent statutory review of the ''Act'' took place in 2019 with the next review scheduled for 2023. Credit unions In 2010, the Parliament of Canada passed amendments to the ''Act'' to allow federal credit unions to exist as a new class of financial institu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oscar Douglas Skelton
Oscar Douglas Skelton (July 13, 1878 – January 28, 1941) was a Canadian political economist and civil servant. Skelton was a loyal member of the Liberal Party, an expert on international affairs, and a nationalist who encouraged Canadians to pursue autonomy from the British Empire, and to take on what he proclaimed was "the work of the world." Early life and career Born on July 13, 1878, in Orangeville, Ontario, Skelton went on to gain a scholarship to Queen's University in 1896 and studied classics. His education in classical languages helped him to pass the examinations for entry into Britain’s Indian Civil Service (ICS), but he failed the medical test. In 1899 he earned a Master of Arts degree and audited classes of Adam Shortt, a political scientist. He worked in Philadelphia for '' The Booklover's Magazine'' and in 1904 married Isabel Murphy. He then took up the study of political economy at University of Chicago and followed the lectures of Thorstein Veblen, who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Brown Anderson
Thomas Brown Anderson (June 1796 – May 28, 1873) was a Canadian merchant, banker, and philanthropist who was director, vice-president (1847–1860) and 6th president of the Bank of Montreal (1860–1869), Member of the Special Council of Lower Canada (April–June 1838) and Vice-president of the Montreal Board of Trade (1849). Early life Anderson was born in Edinburgh, Scotland, in June 1796. Little is recorded of Anderson's early life but it is understood that he arrived in Montreal, Canada during 1827. On his arrival in Montreal, his first job was as a clerk for a commercial firm ('' Forsyth, Richardson and Company of Montreal'') engaged in a co-partnership with '' Forsyth, Walker and Company of Quebec''. The firm's main business concerns were in fur trading, clothing, wholesaling provisions, local real estate, being an acting agent for the East India Company's Canadian agent, and serving as the financial repository for the Receiver General's Department of Lower Can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Torrance (banker)
David Torrance (1805 – January 29, 1876) was a Canadian merchant, shipper, and president of the Bank of Montreal. Early life Torrance was born in 1805 in New York City, the son of James Torrance. His father was one of five Torrance brothers who emigrated to Canada from Lanarkshire, Scotland, early in the 19th century. His uncles, Thomas Torrance (1776–1826) and John Torrance (1786–1870), settled at Montreal as wholesale and retail grocers and winesellers. His father James went to Kingston, Upper Canada, as agent for the family. Career Around 1821, Torrance came to Montreal to work for his uncle at John Torrance and Co. In 1833, Torrance became a partner in the business of his uncle (and father-in-law), John Torrance and Co. When his uncle John Torrance retired in 1853, the firm became David Torrance and Co., with Thomas Cramp and later his own son, John Torrance (1835–1908) as partners. With Cramp and another son, George William Torrance, he formed a second partn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1828 Births
Events January–March * January 4 – Jean Baptiste Gay, vicomte de Martignac succeeds the Comte de Villèle, as Prime Minister of France. * January 8 – The Democratic Party of the United States is organized. * January 22 – Arthur Wellesley, 1st Duke of Wellington succeeds Lord Goderich as Prime Minister of the United Kingdom. * February 10 – " Black War": In the Cape Grim massacre – About 30 Aboriginal Tasmanians gathering food at a beach are probably ambushed, shot with muskets and killed by four indentured "servants" (or convicts) employed as shepherds for the Van Diemen's Land Company as part of a series of reprisal attacks, with the bodies of some of the men thrown from a 60 metre (200 ft) cliff. * February 19 – The Boston Society for Medical Improvement is established in the United States. * February 21 – The first American-Indian newspaper in the United States, the '' Cherokee Phoenix'', is published. * February 22 – Treaty of Turkmenchay: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1896 Deaths
Events January * January 2 – The Jameson Raid comes to an end as Jameson surrenders to the Boers. * January 4 – Utah is admitted as the 45th U.S. state. * January 5 – An Austrian newspaper reports Wilhelm Röntgen's discovery, last November, of a type of electromagnetic radiation, later known as X-rays. * January 6 – Cecil Rhodes is forced to resign as Prime Minister of the Cape Colony, Cape of Good Hope for his involvement in the Jameson Raid. * January 7 – American culinary expert Fannie Farmer publishes her first cookbook. * January 12 – H. L. Smith takes the first X-ray photograph. * January 16 – Devonport High School for Boys is founded in Plymouth (England). * January 17 – Anglo-Ashanti wars#Fourth Anglo-Ashanti War (1895–1896), Fourth Anglo-Ashanti War: British British Army, redcoats enter the Ashanti people, Ashanti capital, Kumasi, and Asantehene Agyeman Prempeh I is deposed. * January 28 – Walter Arnold, of E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
