Ranked by 2020 assets
Published on January 25, 2021, 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 and BIV research.
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| Rank '21 | Bank | Top local executive(s) | Partial list of subsidiaries | Total B.C. staff '20/'19 | Deposits '20/'19 (000s) | Assets '20/'19 (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 |
7,030 |
$1,011,885,000 |
$1,624,548,000 |
|
2
|
BMO Financial Group |
James Kitamura, regional president, personal banking, Paul Seipp, regional president, business banking |
Bank of Montreal Capital Markets; |
2,020 |
NP |
$949,261,000 |
|
3
|
National Bank of Canada |
Peyman Gazor, regional director, national bank investments |
NP |
NP |
NP |
$322,000,000 (1) |
|
4
|
TD Bank Group |
Andrew Cribb, senior vice-president, Pacific region, branch banking |
TD Canada Trust; |
4,495 |
$1,135,300 |
$1,715,900 |
|
5
|
Scotiabank |
Stephen Gaskin, senior vice-president |
1832 Asset Management LP, BNS Investments, Montreal Trust Co of Canada, Hollis Canadian Bank, HollisWealth, National Trustco, Roynat, Scotia Captial, Scotia Dealer Advantage, Tangerine Bank |
2,000 |
NP |
$1,154,000 |
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