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Lloyds Bank Canada was a wholly owned Canadian subsidiary of Lloyds Bank Plc of the United Kingdom from 1986 to 1990. Its headquarters were in Toronto , and it had 53 branches throughout Canada. It functioned as a member of the Lloyds Bank Group, whose overseas domestic banking interests also included the National Bank of New Zealand .
Lloyds Bank California acquired First State Bank of Northern California in 1976, and, in 1986, its 88 branches and US$3 billion in assets, were divested to Japanese-owned Golden State Sanwa Bank for $263 million in cash. [12] Lloyds Bank Canada was formed in 1986, when the bank purchased the Continental Bank of Canada.
International Bank of Canada 1858 1859 Failed. [130] Lloyds Bank Canada: 1986 1990 Became Hongkong Bank of Canada, now known as HSBC Bank Canada in 1990. Macdonald and Company 1859 1864 Failed. [131] The Maritime Bank of the Dominion of Canada 1872 1887 Failed. [132] Mercantile Bank of Canada 1953 1985 Merged into the National Bank of Canada.
The bank's overseas expansion began in 1911 and, by 1985, it had banking and representative offices in 45 countries, from Argentina to the United States of America. Lloyds Bank International was absorbed into the main business of Lloyds Bank in 1986. Since 2010, the name has been used to refer to the bank's offshore banking operations.
It acquired Lloyds Bank Canada on May 29, 1990, thereby adding another $4.4 billion in assets and 53 branches. Lloyds Bank had acquired Continental Bank of Canada in 1986. Continental Bank began in 1973 as Niagara Finance Company, later became IAC Limited, and then Continental Bank. An HSBC Bank Canada branch in Richmond Hill, Ontario, 2014
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BEIJING (Reuters) -China and Canada want to maintain contacts to bolster what Beijing called the "current difficult situation" in bilateral relations, the two governments said after talks between ...