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The bank was established on 23 June 1817 [11] when a group of merchants signed the Articles of Association, formally creating the "Montreal Bank". [4] The signors of the document include Robert Armour, John C. Bush, Austin Cuvillier, George Garden, Horatio Gates, James Leslie, George Moffatt, John Richardson, and Thomas A. Turner.
Total assets (2023) (billions of US$) Headquarter city 1 JPMorgan Chase United States: $3,898.33 New York City: 2 Bank of America United States: $3,051.38 Charlotte: 3 Citigroup United States: $2,416.68 New York City 4 Wells Fargo United States: $1,881.02 San Francisco: 5 Royal Bank of Canada Canada: $1,544.17 Montreal: 6 TD Bank Canada: $1,524 ...
Canada North America $1,486.40 6 Goldman Sachs United States North America $1,463.99 7 Royal Bank of Canada Canada North America $1,376.79 8 Morgan Stanley United States North America $1,188.14 9 Scotiabank Canada North America $978.48 10 Bank of Montreal Canada North America $908.62 11 Canadian Imperial Bank of Commerce 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.
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. Closed. [171] Union Bank of Newfoundland 1854 1894 Failed. [172] Union Bank of Prince Edward Island 1860 1883 Merged into the Bank of Nova Scotia. [173] United Empire Bank of Canada ...
Royal Bank of Canada Canada: $1,566.41 7 Toronto-Dominion Bank Canada: $1,428.29 8 Morgan Stanley United States: $1,193.69 9 Scotiabank Canada: $1,041.11 10 Bank of Montreal Canada: $990.19 11 Canadian Imperial Bank of Commerce Canada: $726.27 12 U.S. Bancorp United States: $663.49 13 Capital One United States: $629.99 14 PNC Financial Services
Moneris was established in December 2000, as a joint venture between the Royal Bank of Canada and Bank of Montreal. [4] The company is headquartered in the Toronto suburb of Etobicoke, Ontario and has offices in Sackville, New Brunswick, [5] Burnaby, British Columbia, [6] Montreal, Quebec, [6] and Calgary, Alberta. [6]
BMO Bank, N.A. (colloquially BMO; US: / b iː m oʊ /) is a U.S. national bank headquartered in Chicago, Illinois.It is a subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation (formerly Bankmont Financial Corporation, then Harris Financial Corporation).