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During the 1960s, the Bank of Nova Scotia became the first Canadian bank to appoint women as bank managers, with the first appointed on September 11, 1961. [10] In the next year, the bank expanded into Asia with the opening of a Representative Office in Japan. [11] In 1975, the Bank of Nova Scotia adopted Scotiabank as its
Born in Halifax, Nova Scotia, Almon was a founder of the Bank of Nova Scotia. He was president of the bank from 1837 to 1870. He was president of the bank from 1837 to 1870. He also helped with the administration of Halifax and Nova Scotia, and was appointed to the legislative and executive councils of the province.
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: 1906 1911 Founded as the Pacific Bank of Canada before renaming in 1906.
The bank was incorporated by the Nova Scotia Legislative Assembly on Mar 30, 1831 in Halifax, Nova Scotia with William Lawson (banker) (1772–1848) serving as the first president. [2] As a member of the Nova Scotia House of Assembly, he introduced a bill chartering a public bank. The bill ensured that any bank directors were responsible for ...
Thomson was elected a director of the Bank of Nova Scotia on 12 April 2016. On 26 September 2022, the bank announced that Thomson would succeed Brian J. Porter as president. Thomson left Finning on 15 November, and began as president of the bank on 1 December. On 1 February 2023, Thomson assumed the additional role of chief executive officer. [5]
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In modern history, Royal Bank (RBC) has always been the largest by a significant margin, [20] although TD Bank has caught up to RBC in recent years. Up to the late 1990s, CIBC was the second largest, [21] followed by Bank of Montreal, Scotiabank, and TD Bank. [22] During the late 1990s and beyond, this ranking changed due to several ...
View of a Scotiabank facade in Amherst, Nova Scotia.This structure was erected in 1907. Banking in Canada began to migrate in earnest from colonial overseas banking operations to a local banking system with the founding of the Bank of Montreal in 1817. [6]