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The Bank of Canada was established through the Bank of Canada Act of 1934 and the banks relinquished their right to issue their own currency. In 1956, Barclays Bank (Canada) was acquired by Imperial Bank of Canada, a predecessor of the Canadian Imperial Bank of Commerce, for 10% of the capital of Imperial.
In 1976 he left BMO for a nine-month period when he joined the Royal Bank of Canada, [2] but returned to the Bank of Montreal after this brief period. In 1987 he had become president, then in 1989 he was appointed chief executive officer, and in 1990 he was elected chairman of the board (relinquishing his title of President to Tony Comper who ...
Deutsche Bank UK and Gibraltar Barclays Bank USA Bank of America China Bank of Nanjing: Singapore POSB: Hong Kong, Singapore, Taiwan DBS: Indonesia, Malaysia CIMB: Canada, Chile, Guyana, Mexico, Peru Caribbean - Antigua & Barbuda, Bahamas, Barbados, Cayman Islands, Jamaica, Trinidad & Tobago, Turks & Caicos and the US Virgin Islands. Scotiabank
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 Scotland (Ireland) Danske Bank; First Active; ICS Building Society (previously Irish Civil Service Building Society) – investment shares acquired in 1984 by Governor and Company of the Bank of Ireland as well as society savers but ran separately for a period until a legislative change after the 1987 General Election.
HBC acquired Barclays Bank Canada on August 31, 1996. Barclays had re-entered Canada in 1979 and developed a diversified but modest range of activities. In 1985, Barclays bought the assets of Wells Fargo Bank (Canada), consisting of its operations in Alberta and Florida, so that Wells Fargo could re-focus on its home market. In 1993, Barclays ...
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