The Bank of Montreal Today in the world, banks have become a part of everybody lives. The bank can help us with out personal and financial problems. Without them, our lives feel insecure, and without them, there can be a lot of difficulties. In Canada, there are five major banks; Bank of Montreal, Bank of Nova Scotia, Toronto Dominion Bank, Canadian Imperial Bank of Commerce (CIBC), and Royal Bank of Canada. This essay will mainly discuss the history of the Bank of Montreal, their relationship with the government, international connections and their income. The Bank of Montreal is the first chartered, and oldest bank in Canada. The bank opened on November 3, 1817. (Canadian Banks And Global Competitiveness, p. 29.) It has six billion dollars, in terms of capitalization in North America, the Bank of Montreal was the third largest bank by 1859. (Canadian Banks And Global Competitive....

Number Of Pages: 4

Number Of Words: 955

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