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  2. Big Five banks of Canada - Wikipedia

    en.wikipedia.org/wiki/Big_Five_banks_of_Canada

    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. [4] RBC and TD Bank are also on the Financial Stability Board 's list of systemically important banks as of 2020.

  3. Equitable Bank - Wikipedia

    en.wikipedia.org/wiki/Equitable_Bank

    Equitable Bank. Equitable Bank is a Canadian bank that specializes in residential and commercial real estate lending, as well as personal banking through its digital arm, EQ Bank. Founded in 1970 as The Equitable Trust Company, it became a Schedule I Bank in 2013 and has since grown to become Canada's seventh largest bank by assets.

  4. Scotiabank - Wikipedia

    en.wikipedia.org/wiki/Scotiabank

    Scotiabank. The Bank of Nova Scotia (French: Banque de Nouvelle-Écosse), operating as Scotiabank (French: Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by deposits and market capitalization.

  5. What is a prepayment penalty? - AOL

    www.aol.com/finance/prepayment-penalty-165152113...

    “The penalty is always disclosed with your mortgage rate quote when you shop around for a loan,” says Anna DeSimone, New York City-based personal finance expert and author of “Housing ...

  6. What is a reverse mortgage? How it works, who it’s best for ...

    www.aol.com/finance/what-is-a-reverse-mortgage...

    A reverse mortgage is a type of loan that allows homeowners ages 62 and older to borrow against their home equity, using their home as collateral. The loan amount you’re approved for is based on ...

  7. Royal Bank of Canada - Wikipedia

    en.wikipedia.org/wiki/Royal_Bank_of_Canada

    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] Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in ...

  8. List of banks and credit unions in Canada - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_and_credit...

    Public company, part of Big Five. [39] Tangerine Bank: 2013 Toronto: Owned by Scotiabank. Formerly ING Direct Canada, purchased by Scotiabank in November 2012, [40] and name was changed to Tangerine in spring 2014. [41] Toronto-Dominion Bank (The) 1955 Toronto: Public company, part of Big Five. Operating as "TD Canada Trust". Formed by the ...

  9. Canadian Imperial Bank of Commerce - Wikipedia

    en.wikipedia.org/wiki/Canadian_Imperial_Bank_of...

    Website. cibc.com. The Canadian Imperial Bank of Commerce (CIBC; French: Banque canadienne impériale de commerce) is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. [3] The Canadian Imperial Bank of Commerce was formed through the 1961 merger of the ...