Ranked by 2022 assets
Published on January 23, 2023, 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 '23 | Bank | Top local executive(s) | Partial list of subsidiaries | Total B.C. staff '22/'21 | Deposits '22/'21 (000s) | Assets '22/'21 (000s) |
|---|---|---|---|---|---|---|
|
1
|
TD Bank Group |
Kevin Hamaoka, senior vice-president, Canadian business banking, Jim Kershaw, regional vice-president, private wealth management |
TD Canada Trust; |
4,403 |
$1,230,000 |
$1,917,500,000 |
|
2
|
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 |
7,542 |
$1,208,800,000 |
$1,917,000,000 |
|
3
|
BMO Financial Group |
James Kitamura, regional president, personal banking, Paul Seipp, regional president, business banking |
Bank of Montreal Capital Markets; |
NP |
NP |
$1,139,199,000 |
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