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City Bank Of Montreal
The City Bank of Montreal (known in French as "La Banque de la Cité") was an early bank founded in Montreal in 1833, when it was part of Lower Canada. It was founded as a counterpart to the Bank of Montreal, whose politically conservative directors made it difficult for leading liberals to do business in the province. During its existence, it issued a number of tokens for use in trade, and is known for producing many varieties of the Bouquet sou, and for co-issuing the Habitant token along with the other leading banks of Montreal in the late 1830s. It also issued paper money. It also had branches in Toronto, and in Quebec City.Manning City Bank merged with Royal Canadian Bank to form Consolidated Bank of Canada The Consolidated Bank of Canada was created from the merger of City Bank and Royal Canadian Bank in 1876, but collapsed in 1880 and finally liquidated in 1882. References See also Defunct banks of Canada Banks disestablished in 1882 ... in 1876. Bibliog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Imperial Bank Of Commerce
The Canadian Imperial Bank of Commerce (CIBC; french: Banque canadienne impériale de 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 (founded in 1867) and the Imperial Bank of Canada (founded in 1873), 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. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom. Globally, CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Habitant Token
The Habitant token were a series of tokens that were created for use primarily within Lower Canada and were issued in 1837. Produced as a successor to the popular bouquet sous, these tokens depicted a Habitant on the obverse, a traditional depiction of a French-Canadian farmer in winter clothing, and the coat of arms for the City of Montreal on the reverse. The tokens were issued in both one penny/ deux sous and half penny/un sou denominations by the leading commercial banks of Montreal. They were issued in large numbers and can be easily acquired by the modern collector, though some varieties are rare and command a premium. These tokens replaced the popular bouquet sous that the banks of Lower Canada had previously introduced into circulation. The Habitant tokens were known to still be in use over 60 years after they were originally issued, and are known from archaeological evidence to have circulated in Upper Canada as well. These tokens are classified as "semi-regal" by Cana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1849
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1876
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Canada
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Canadian Bank
The Consolidated Bank of Canada was created from the merger of City Bank and Royal Canadian Bank in 1876, but collapsed in 1880 and finally liquidated in 1882. References See also Defunct banks of Canada Banks disestablished in 1882 Banks established in 1876 Canadian companies established in 1876 1876 establishments in Ontario 1882 disestablishments in Canada Companies based in Toronto {{montreal-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quebec City
Quebec City ( or ; french: Ville de Québec), officially Québec (), is the capital city of the Provinces and territories of Canada, Canadian province of Quebec. As of July 2021, the city had a population of 549,459, and the Communauté métropolitaine de Québec, metropolitan area had a population of 839,311. It is the eleventhList of the largest municipalities in Canada by population, -largest city and the seventhList of census metropolitan areas and agglomerations in Canada, -largest metropolitan area in Canada. It is also the List of towns in Quebec, second-largest city in the province after Montreal. It has a humid continental climate with warm summers coupled with cold and snowy winters. The Algonquian people had originally named the area , an Algonquin language, AlgonquinThe Algonquin language is a distinct language of the Algonquian languages, Algonquian language family, and is not a misspelling. word meaning "where the river narrows", because the Saint Lawrence River na ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bouquet Sou
Bouquet sou were a series of tokens that were created for use primarily within Lower Canada in the mid- to late-1830s. Roughly equivalent in value to a half penny, the "bouquet sou" were so called because they displayed a group of heraldic flowers tied together with a ribbon on their obverse. The group of flowers were encircled by one of several legends, which might say "Trade & Agriculture / Lower Canada", "Agriculture & Commerce / Bas Canada" or some variant of these that might also substitute the name of the issuing bank. The other side most typically gave the denomination of "un sou", surrounded by a wreath and the words "Bank Token" and "Montreal". There are a large variety of these tokens, distinguished primarily by the number and variety of flowers that appear in the "bouquet", along with the differences in the legends that appeared on either side of the token. They were initially issued by the banks of Lower Canada, and were later imitated by speculators who produced token ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Bank Of Canada
The Consolidated Bank of Canada was created from the merger of City Bank and Royal Canadian Bank in 1876, but collapsed in 1880 and finally liquidated in 1882. References See also Defunct banks of Canada Banks disestablished in 1882 Banks established in 1876 Canadian companies established in 1876 1876 establishments in Ontario 1882 disestablishments in Canada Companies based in Toronto {{montreal-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Montreal
The Bank of Montreal (BMO; french: Banque de Montréal, link=no) is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank; while its head office remains in Montreal, the operational headquarters and executive offices have been located in Toronto, Ontario since 1977. One of the Big Five banks in Canada, it is the fourth-largest bank in Canada by market capitalization and assets, and one of the eight largest banks in North America and the top 50 in the world. It is commonly known by its ticker symbol BMO (pronounced ), on both the Toronto Stock Exchange and the New York Stock Exchange. In October 2021, it had CA$634 billion in assets under administration (AUA). The Bank of Montreal swift code is BOFMCAM2 and the institution number is 001. On 23 June 1817, John Richardson and eight merchants signed the Articles of Association to establish the Montreal Bank in a rented house in Montreal, Quebec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Canada
The Province of Lower Canada (french: province du Bas-Canada) was a British colony on the lower Saint Lawrence River and the shores of the Gulf of Saint Lawrence (1791–1841). It covered the southern portion of the current Province of Quebec and the Labrador region of the current Province of Newfoundland and Labrador (until the Labrador region was transferred to Newfoundland in 1809). Lower Canada consisted of part of the former colony of Canada of New France, conquered by Great Britain in the Seven Years' War ending in 1763 (also called the French and Indian War in the United States). Other parts of New France conquered by Britain became the Colonies of Nova Scotia, New Brunswick, and Prince Edward Island. The Province of Lower Canada was created by the ''Constitutional Act 1791'' from the partition of the British colony of the Province of Quebec (1763–1791) into the Province of Lower Canada and the Province of Upper Canada. The prefix "lower" in its name refers to its geog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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