The Canada Trust Company is a Canadian trust company that has existed since 1894. The company was founded in Calgary, Alberta as the as the General Trust Corporation of Canada. In 1899 it was acquired by the Huron and Erie Savings and Loan Society, which moved the company to London, Ontario, and changed its name to the Canada Trust Company. Huron and Erie, which changed its name in 1976 to the Canada Trustco Mortgage Corporation, remained the parent of the Canada Trust Company until 2000.
The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. The Canadian Imperial Bank of Commerce was formed through the 1961 merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, in the largest merger between chartered banks in Canadian history. It is one of two "Big Five" banks founded in Toronto, the other being the Toronto-Dominion Bank.
Toronto-Dominion Bank, doing business as TD Bank Group, is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank was created on February 1, 1955, through the merger of the Bank of Toronto and the Dominion Bank, which were founded in 1855 and 1869, respectively. It is one of two Big Five banks of Canada founded in Toronto, the other being the Canadian Imperial Bank of Commerce.
TD Canada Trust, commonly shortened in marketing to simply TD, is the Canadian commercial banking division of the multinational TD Bank Group. It is the second-largest commercial bank in Canada by assets, behind only the Royal Bank of Canada. TD Canada Trust offers a range of financial services and products to more than 10 million Canadian customers through more than 1,100 branches and 2,600 ATMs.
The Toronto-Dominion Centre, or TD Centre, is an office complex of six skyscrapers in the Financial District of downtown Toronto owned by Cadillac Fairview. It serves as the global headquarters for its anchor tenant, the Toronto-Dominion Bank, and provides office and retail space for many other businesses. The complex consists of six towers and a pavilion covered in bronze-tinted glass and black-painted steel. Approximately 21,000 people work in the complex, making it the largest commercial office complex in Canada.
Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Scotiabank, Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and Toronto-Dominion Bank (TD).
The Dominion Bank was a Canadian bank that was chartered in 1869 and based in Toronto, Ontario. On February 1, 1955, it merged with the Bank of Toronto to form the Toronto-Dominion Bank, which is known as the present-day TD Bank Group.
CIBC Capital Markets is the investment banking subsidiary of the Canadian Imperial Bank of Commerce. The firm operates as an investment bank both in Canadian and global equity and debt capital markets. The firm provides a variety of financial services including equity and debt capital market products, mergers and acquisitions, global markets, merchant banking, and other investment banking advisory services.
Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corporation in 2003.
Gordon Melbourne Nixon was the president, CEO and director of Royal Bank of Canada, from 2001 to 2014. He is chairman of Bell Canada Enterprises, lead director of George Weston Limited, director and chairman of the Nominating, Governance & Sustainability Committee of BlackRock Inc. and is on the advisory committee of KingSett Capital.
Brookfield Place is an office complex in downtown Toronto, Ontario, Canada, comprising the 2.1 ha (5.2-acre) block bounded by Yonge Street, Wellington Street West, Bay Street, and Front Street. The complex contains 242,000 m2 (2,604,866 sq ft) of office space, and consists of two towers, Bay Wellington Tower and TD Canada Trust Tower, linked by the Allen Lambert Galleria. Brookfield Place is also the home of the Hockey Hall of Fame.
Allan Richard Taylor is a Canadian retired banker. Taylor joined the Royal Bank of Canada as a clerk in his hometown at the age of sixteen. He rose to become the chairman and CEO of the bank, serving in that capacity from 1986 until 1995.
William Edmund Clark CM is a Canadian retired banker who served as president of Canada Trust from 1994 to 2000 and as president of the Toronto-Dominion Bank from 2000 to 2014. On April 3, 2013, Clark announced his intention to retire as president and CEO effective November 1, 2014 at age 67, after 12 years as CEO. After his retirement, Clark worked as an adviser for Ontario Premier Kathleen Wynne and helped introduce beer and wines into grocery stores and partially privatize the electricity distribution company Hydro One.
Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies.
The Financial District is the central business district of Downtown Toronto, Ontario, Canada. It was originally planned as New Town in 1796 as an extension of the Town of York. It is the main financial district in Toronto and is considered the heart of Canada's finance industry. It is bounded roughly by Queen Street West to the north, Yonge Street to the east, Front Street to the south, and University Avenue to the west, though many office towers in the downtown core have been and are being constructed outside this area, which will extend the general boundaries. Examples of this trend are the Telus Harbour, RBC Centre, and CIBC Square.
Richard Murray Thomson is a Canadian retired banker who served from 1972 to 1978 as president and from 1978 to 1998 as chairman of the Toronto-Dominion Bank. Thomson joined the bank in 1957 and served subsequently in several branches. In 1963 he became assistant to the president at the head office in Toronto, and through the 1960s became the bank's Assistant General Manager, Deputy Chief General Manager, and Chief General Manager. In 1971 he was named a vice-president and elected to the board of directors. In September 1972, age 39, he was appointed president of the bank, making him one of the youngest senior executives in Canadian banking history. Thomson remained president until April 1978, when he succeeded Allen Thomas Lambert to become chairman and chief executive officer. Thomson retired as chairman in January 1998.
TD Securities is a Canadian investment bank and financial services provider that offers advisory and capital market services to corporate, government, and institutional clients worldwide. The firm provides services in corporate and investment banking, capital markets, and global transaction services. It is the investment bank of Toronto-Dominion Bank Group, and has offices in 18 cities worldwide with over 3,000 employees.
George Wilbur Spinney was a Canadian banker. He served as president of the Bank of Montreal from December 1942 until his death in February 1948. He was also chairman of the National War Finance Committee from its inception in 1941 until 1943, when he became the honorary chairman.
John Allan "Ben" Boyle was a Canadian banker who served as president of the Toronto-Dominion Bank from 1978 to 1981. Boyle joined the Dominion Bank in 1934 in his hometown of Orillia as a junior clerk. After serving in the Royal Canadian Air Force in World War II, Boyle rejoined the Dominion Bank and in 1948 was sent to its Manhattan branch. Following the Dominion's merger with the Bank of Toronto in 1955, in 1956 Boyle was sent back to the States to work at the new bank's New York branch. Boyle returned to Canada in 1966 and joined the head office in Toronto. In 1972 he was appointed chief general manager and vice-president, and in 1974 was elected a director. On 1 May 1978, Boyle succeeded Richard Murray Thomson as the bank's president, while Thomson was appointed chairman and chief executive. Boyle retired in 1981 at age 65 but remained a director of the bank until 1987. He died in Toronto in 2008 at age 92.
Alvin Lloyd "Al" Flood is a Canadian retired banker who served from 1992 to 1999 as chairman of the Canadian Imperial Bank of Commerce. Flood joined the bank in 1951 at age 16 in his hometown as a teller. He worked at various branches in Ontario until 1974, when he received his first executive posting. For the next decade he worked in the bank's international operations, before joining the head office in Toronto in 1984 as an executive vice-president. In 1986, the bank split its presidency into four roles, and Flood was made president of the corporate banking division. He remained a president until June 1992, when he succeeded R. Donald Fullerton as chairman and chief executive officer. In the spring of 1998, Flood negotiated a proposed merged with the Toronto-Dominion Bank, which was barred in December that year by finance minister Paul Martin. After the failed merger, he announced his retirement in January 1999, and retired that June.
