lists: Biggest banks in B.C.

Biggest banks in B.C.

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RANKED BY | Number of employees (FTE) in B.C. in 2012

Rank '12BankPartial list of subsidiariesYear foundedNo. branches B.C./TotalAssets '11/'101Deposits '11/'101Total B.C. staff '12/'11
1RBC Royal Bank of Canada
www.rbcroyalbank.com		RBC Royal Bank; RBC Investments; RBC Capital Markets; RBC Global Services; RBC Insurance186493/
1,351		$751.7 bil.
$726.2 bil.		$444.2 bil.
$433 bil.		6,658
5,882
2TD Bank Group
www.td.com		TD Canada Trust; TD Banknorth; TD Waterhouse; TD Insurance; Meloche Monnex; TD Commerce; TD Asset Management; TD Securities1855156/
1,164		$735.5 bil.
$619.5 bil.		$449.4 bil.
$430 bil.		4,453
4,511
3Canadian Imperial Bank of Commerce
www.cibc.com		CIBC World Markets; CIBC Trust; CIBC Mortgage Corp.; Intria Corp.; Amicus Bank1867NP/
1,100		$383.8 bil.
$352 bil.		$289.2 bil.
$246 bil.		4,0002
4,0673
4HSBC Bank Canada
www.hsbc.ca		HSBC Financial Corporation Ltd., HSBC Investment Funds (Canada) Inc., HSBC Global Asset Management (Canada) Ltd., HSBC Mortgage Corporation (Canada); HSBC Securities (Canada) Inc., HSBC Trust Company (Canada); HSBC Capital (Canada) Inc.1981NP/
NP		$80 bil.
$78 bil.		$46.6 bil.
$52.1 bil.		3,400
3,980
5Scotiabank
www.scotiabank.com		BNS Trust Company; Dundee Bank of Canada; Scotia Mortgage Authority; RoyNat Inc.; Scotia Capital Inc.; Scotia Cassels Investment Management Ltd.; Scotia Insurance Canada; Scotia Mortgage Corp.; Scotia Securities Inc.; Scotia Dealer Advantage; Dundee Wealth, 41832131/
1,037		$575 bil.
$526.7 bil.		$396 bil.
$361.7 bil.		2,5575
2,557
6BMO Financial Group
www.bmo.com		BMO Capital Markets, BMO Bank of Montreal, BMO Nesbitt Burns, BMO Harris Private Banking, BMO InvestorLine, Harris Bank1887118/
932		$477.4 bil.
$411.6 bil.		$302.9 bil.
$249.3 bil.		2,500
2,500
7Canadian Western Bank
www.cwbankgroup.com		Canadian Western Trust Co.; Canadian Direct Insurance Inc.; Valiant Trust Co.; Adroit Investment Management; National Leasing19845/
40		$14.8 bil.
$12.7 bil.		$12.5 bil.
$10.8 bil.		6005
600
8National Bank of Canada
www.nbc.ca		National Bank General Insurance; National Bank Trust; National Bank Securities; Natbank; National Bank Financial; National Bank Direct Brokerage; National Bank Life Insurance Co.; Natcan Investment Management; Innocap Investment Management1859611/
580		$156.3 bil.
$145.3 bil.		NP
$81.8 bil.		369
2353
9Bank of China (Canada)
www.bankofchina.ca		NPNP3/
9		NP
NP		NP
NP		302
NP
Sources: Interviews with above financial institutions and BIV research.     NR Not ranked     NP Not provided 1 - National 2 - BIV estimate 3 - 2010 figure 4 - Canadian only, excludes international subsidiaries 5 - 2011 figure 6 - Founded in B.C. in 1979, company founded in 1859


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