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Bank Name Institution Number Bank of Montreal (operating as BMO) 001 Bank of Nova Scotia (operating as Scotiabank) 002 Royal Bank of Canada (operating as RBC) 003 Toronto-Dominion Bank (operating as TD Canada Trust) 004 National Bank of Canada: 006 Canadian Imperial Bank of Commerce (CIBC includes Simplii Financial) 010 HSBC Canada: 016 ...
Globally, CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing. [8] CIBC's Institution Number (or bank number) is 010, and its SWIFT code is CIBCCATT.
Royal Bank of Canada (RBC; French: Banque Royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than 100,000 employees worldwide. [ 2 ]
Merged into the Royal Bank of Canada. [158] Royal Canadian Bank 1864 1876 Merged with the City Bank to form the Consolidated Bank of Canada. [159] St. Stephen's Bank 1836 1910 Merged into the Bank of British North America. [68] [160] Sovereign Bank of Canada 1901 1908 Failed. [161] Stadacona Bank 1874 1879 Failed. [162] Standard Bank of Canada ...
In 1998, the Bank of Montreal proposed a merger with the Royal Bank of Canada around the same time that CIBC proposed to combine with the Toronto-Dominion Bank. [23] The banks argued that these mergers would enable them to compete globally with other financial institutions. [33] This would have left Canada with only three major national banks.
RBC Bank is the trading name of RBC Bank (Georgia), N.A., the United States–based retail banking division of the Royal Bank of Canada (RBC) which is targeted toward Canadian snowbirds, expatriates, and frequent tourists. Despite its limited reach, RBC Bank is a federally chartered bank, thus its trading name bears "N.A." letters.
RBC Dominion Securities was the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and formed part of RBC's Wealth Management and Capital Markets divisions. Today, RBC Dominion Securities is known as RBC Capital Markets [ 1 ] and RBC Wealth Management.
RBC Capital Markets is a global investment bank providing services in banking, finance, and capital markets to corporations, institutional investors, asset managers, and governments globally. Locations span 58 offices in 14 countries [ 1 ] across North America, the UK, Europe, and the Asia-Pacific region.