Ranked by 2019 assets
Published on January 27, 2020, as part of the Top 100 money sources in B.C. section. See also asset-based lenders, credit unions, investment banking firms, investment fund management firms and mezzanine lenders. Sources: Interviews with financial institutions with a fiscal year-end of October 31 and BIV research. NP = Not provided
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| Rank '20 | Bank | Top local executive(s) | Partial list of subsidiaries | Total B.C. staff '19/'18 | Deposits '19/'18 (000s) | Assets '19/'18 (000s) |
|---|---|---|---|---|---|---|
|
1
|
Royal Bank of Canada (RBC Financial Group) |
Martin Thibodeau, regional president, B.C. |
Royal Bank Holdings; Royal Mutual Funds; RBC Insurance Holdings; RBC Direct Investing; RBC Phillips, Hager & North Investment Counsel; RBC Capital Trust; Royal Trust Co |
6,840 |
$886,005,000 |
$1,428,935,000 |
|
2
|
TD Bank Group |
Andrew Cribb, senior vice-president, Pacific region, branch banking |
TD Canada Trust; Business Banking; MBNA; TD Wealth; TD Asset Management; TD Insurance; TD Bank, America's Most Convenient Bank; TD Securities |
4,305 |
$887,000,000 |
$1,415,300,000 |
|
3
|
BMO Financial Group |
James Kitamura, regional president, personal banking, Paul Seipp, regional president, business banking |
Bank of Montreal Capital Markets; Bank of Montreal (China) Co Ltd; Bank of Montreal Holding Inc; BMO Investments Ltd; BMO Nesbitt Burns Holdings Corp; BMO Harris Bank National Association; BMO Trust Co |
2,200 |
NP |
$852,195,000 |
|
4
|
National Bank of Canada |
Robert Hanna, regional director, national bank investments |
NP |
306 |
NP |
$281,000,000 |
|
5
|
HSBC Bank Canada |
Sandra Stuart, group general manager, president and CEO |
HSBC Investment Funds (Canada) Inc; HSBC Global Asset Management (Canada) Ltd; HSBC Mortgage Corp (Canada); HSBC Securities (Canada) Inc; HSBC Trust Co (Canada) |
2,775 |
NP |
$103,406,000 |
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