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Encyclopedia results for Barclays Bank Canada

Barclays Bank Canada





Encyclopedia results for Barclays Bank Canada

  1. Barclays Bank Canada

    Refimprove date December 2009 style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center center center Location Montreal, Quebec 1929 1956 br Toronto, Ontario , Canada 1979 1996 center First President center center Existed 1929 1956 br 1979 1996 br 2010 present center center Merged with Imperial Bank of Canada 1959 br Merged into modern day Hongkong Bank of Canada center 1929 1956 Barclays Bank of Canada was a unit of Barclays Bank PLC . The Canadian unit was incorporated in 1929 in Montreal, QC with office later established in Toronto . ref https www.cibc.com ca inside cibc history mergers amalgamations ibc.html ref Like the other Canadian chartered banks, it issued its own paper money. The Bank of Canada was established through the Bank of Canada Act of 1934 and the banks relinquished their right to issue their own currency. Barclays Bank of Canada was acquired by Imperial Bank of Canada , a predecessor of Canadian Imperial Bank of Commerce CIBC in 1956. 1979 1996 In 1979 Barclays established a new Canadian subsidiary, but it was later bought by Hongkong Bank of Canada in 1996. 2000s A non banking subsidiary of Barclays Group, Barclays Global Investors Canada Limited , is based in Toronto and administers iShares , exchange traded index fund s. In 2010, Barclays applied for right to open branches in Canada. ref http www.investmentexecutive.com news 52291 ref The current Barclay s operations in Canada are in Toronto and Calgary . See also In addition to Barclays, HSBC acquired other Canadian banks, including Bank of British Columbia Lloyds Bank of Canada References Reflist mohammad billa External links https www.cibc.com ca inside cibc history mergers amalgamations ibc.html Commons Category Defunct banks of Canada Category Barclays Group Category HSBC acquisitions Category Banks established in 1929 Category Banks established in 1979 Bank stub Canada corp stub ...   more details



  1. Barclays Bank Mauritius

    An ancestor of Barclays Bank , National Bank of South Africa , first entered Mauritius in 1919. Since then, Barclays Bank Mauritius has grown to be the third largest bank in Mauritius, after Mauritius Commercial Bank and State Bank of Mauritius , with 20 branches and a market share of about 10 12 . In 2002, Barclays Bank Mauritius bought Banque Nationale de Paris Intercontinentale BNPI . This acquisition brought with it 6 branches to add to Barclays existing 13 branches. ref name mauritiusnewspapersonline cite web year 2011 url http www.mauritius official.com 2011 05 mauritius newspapers online 23.html title Mauritius Newspapers accessdate 2011 09 15 ref Mr Ravin Rao Dajee is currently the Managing Director. References reflist External links http www.barclays.com africa mauritius index.html Barclays Bank Mauritius http bom.intnet.mu LAUNCHING OF BARCLAYS BANK PLC BOND.pdf Category Banks of Mauritius Category Barclays Group Mauritius stub Africa bank stub ...   more details



  1. Barclays Bank (Kenya)

    Infobox Company company name Barclays Bank Kenya Limited company logo company type Public company Public ... africa kenya index.php Homepage Barclays Bank Kenya Limited , also known as Barclays Bank of Kenya , is a commercial bank in Kenya . It is one of the forty four 44 commercial bank licensed by the Central Bank of Kenya , the national banking regulator. ref http www.centralbank.go.ke downloads ... of large and small business customers as well as individuals. History According to its website, Barclays Bank has been present in Kenya for over 90 years. However, the bank was licensed in its present form in 1953, according to the website of the Central Bank of Kenya. The shares of stock of Barclays Bank of Kenya are listed on the Nairobi Stock Exchange NSE , where they trade under the symbol BARC . The bank is a subsidiary of Barclays Barclays Bank Plc. , an International financial services conglomerate ... Branches of Barclays Bank of Kenya ref Governance The Chairman of the ten 10 person Board of Directors of Barclays Bank Kenya , is Francis Okomo Okello , one of the non Executive Directors. Adan Mohamed , serves as the Managing Director of the bank. ref http www.google.com finance?hl en&q barclays bank of kenya&um 1&ie UTF 8&sa N&tab we Corporate Profile At Google Finance ref See also Barclays ... kenya Website of Barclays Bank of Kenya http allafrica.com stories 201103160426.html Barclays Bank ... http www.nation.co.ke business news Barclays after tax profit falls by 24pc 1006 1328972 i4mx2l index.html ... Banks In Kenya ref Overview The bank is a large financial institution in Kenya, with an estimated asset base in excess of US 2.22 billion KES 180.9 billion , as of September 2011. At that time, Barclays Bank of Kenya was the second largest bank in Kenya, by assets, behind Kenya Commercial Bank Group ... March 2011 , the bank maintains a network of one hundred fifteen 115 branches and 236 Automated Teller ... Category Barclays Group ...   more details



  1. Barclays Bank (Uganda)

    Infobox Company company name Barclays Bank Uganda company logo company type Private company slogan foundation ... Cards homepage http www.barclays.com africa uganda Homepage Barclays Bank Uganda Limited , commonly known as Barclays Bank Uganda , is a commercial bank in Uganda . It is one of the twenty three 23 commercial banks licensed by Bank of Uganda , the national banking regulator. ref http www.bou.or.ug .... ref http www.barclays.com africa uganda Overview of Barclays Bank s Early Focus In Uganda ref As of December 2011, Barclays Bank Uganda was the third largest commercial bank in Uganda, with assets ... Estimated December 2011 Total Assets ref History Barclays Bank Uganda opened for business in Uganda ... s second commercial centre. In February 2007, Barclays Bank completed the acquisition of Nile Bank Limited Nile Bank Uganda Limited , strengthening its presence in the country. As of April 2012, Barclays Bank Uganda employs more than 800 colleagues, has forty four 44 branches and sixty five 65 ... and public entities style font size 95 width 80 align center Barclays Bank Uganda Stock Ownership ... Barclays Bank Uganda has its headquarters at 2 Hannington Road, on Nakasero Nakasero Hill , in Kampala ... africa uganda branches central.html Branches of Barclays Bank Uganda ref Bugoloobi Branch ... 66 High Street, Mbarara Board of directors Barclays Bank Uganda is governed by a Board of Directors ... of Barclays Bank is Charles Ongwae . He is assisted by other managers in supervising the normal ... Charles Ongwae, Managing Director, Barclays Bank Uganda See also Banking in Uganda Barclays Bank List of banks in Uganda External links http www.barclays.com africa uganda Barclays Bank Uganda Website ... D 8 220 677559 Barclays Charles Ongwae is new Managing Director effective May 1, 2009 ref ... Banks as at 31 August 2010.pdf List of Licensed Commercial Banks In Uganda ref Overview The bank ... , as well as large corporations. Prior to 2006, the bank focused on meeting the banking needs of large ...   more details



  1. Bank of Canada

    For the defunct commercial bank Bank of Canada commercial distinguish Royal Bank of Canada Refimprove date August 2007 Infobox Central bank bank name in local Banque du Canada image 1 Logo BOC.gif image title 1 Logo image 2 Ottawa ON Bank of Canada.jpg image title 2 Bank of Canada Building Headquarters ... display inline,title established 1935 president Mark Carney leader title Governor bank of Canada ... www.bankofcanada.ca www.bankofcanada.ca succeeded footnotes The Bank of Canada lang fr Banque du Canada is Canada s central bank and lender of last resort . ref cite web title Lender of Last Resort url ... of Parliament the Bank of Canada Act ref cite web title Bank of Canada Act R.S.C., 1985, c. B 2 url ... became a Crown corporation belonging to the Government of Canada . ref cite web title Who owns the Bank ... Majesty in right of Canada holds the entire share capital issued by the Bank. Ultimately, the Bank ... who we are ref The role of the Bank is to promote the economic and financial well being of Canada. ref cite web title What is the Bank of Canada? url http www.bankofcanada.ca about faq ref The responsibilities of the Bank are monetary policy ref cite web title Bank of Canada Monetary Policy url http ... banknotes banknotes and Canadian currency currency ref cite web title Bank of Canada bank notes currency ... system within Canada ref cite web title Bank of Canada Financial System url http www.bankofcanada.ca ... for the federal government, the Bank and other clients. ref cite web title Bank of Canada Funds ... system For many years, Canada did not have a central bank. ref http www.bankofcanada.ca en about history.html Bank of Canada History ref Each of the nation s large banks issued its own currency and there was little ... of Montreal , then the nation s largest bank, acted as the government s banker. Canada, with its extensive ... be repaid in debased currency. A major proponent was the Royal Bank of Canada , which wanted to see ... bank. Prime Minister of Canada Prime Minister R.B. Bennett called a Royal Commission ref http ...   more details



  1. French v Barclays Bank plc

    Infobox Court Case name French v Barclays Bank plc court Court of Appeal image Derelict Farm Buildings near Billericay, Essex geograph.org.uk 53934.jpg caption date decided full name citations 1998 http www.bailii.org ew cases EWCA Civ 1998 1092.html EWCA Civ 1092 , 1998 IRLR 646 judges prior actions subsequent actions opinions transcripts keywords Employment contract , mutual trust and confidence French v Barclays Bank plc 1998 http www.bailii.org ew cases EWCA Civ 1998 1092.html EWCA Civ 1092 is a UK labour law case concerning the contract of employment . It held that changing a staff manual can breach the term of mutual trust and confidence that is implied into every individual contract of employment, and a unilateral change to a workplace practice can breach that contract. Facts Mr French was meant to relocate from Oxfordshire to Essex . He needed to sell his family home in Radley and buy another in Billericay . The staff manual at Barclays Bank plc said he would get a discretionary interest free bridging loan to let him complete the purchase of a new house before selling the old one. But, sadly, the housing market collapsed. By October 1989 the valuers said the Radley house was worth 150,000, when he had been trying to sell it for 195,000. The bank changed its policy and withdrew the loan. Mr French argued that withdrawal of the loan was a breach of contract. Lord Lester QC represented Mr French. Judgment Waller LJ held that the loan scheme was non contractual and discretionary. Nevertheless the withdrawal of the scheme was likely to destroy trust and confidence. Accordingly unilaterally changing the workplace practice was a breach of the implied term of mutual trust and confidence . Walker LJ and Hobhouse LJ agreed. See also Clist employment contract UK labour law Employment contract in English law Autoclenz Ltd v Belcher 2011 http www.bailii.org uk cases UKSC 2011 ... Kingdom Category Barclays Group ...   more details



  1. Barclays

    Companies London Barclays Bank Canada Chip Authentication Program PINsentry European Financial ... Bank PLC, which is a subsidiary of the holding company company logo Image Barclays logo.svg 210px ... subsid Barclays Bank PLC industry Banking br Financial services products Retail banking br Commercial ... Barclays.com Barclays PLC Please do not change to Barclays Bank PLC, which is a subsidiary ... 7 September 2011 ref Barclays is a universal bank and is organised within two business clusters ... the banner of Barclays and Co., a joint stock bank. Between 1905 and 1916 Barclays extended its branch ... Linen Bank was acquired by Barclays Bank, although the British Linen Bank retained a separate board ..., Barclays established a US affiliate, Barclays Bank of California in San Francisco . Barclaycard ... Credit Company. In 1980, Barclays Bank International expanded its business to include commercial credit ... 28 March 2009 title Barclays plc work Funding Universe ref Barclays became the first bank to re open ..., Barclays posted record profits. The following year Barclays Bank and Barclays Bank International merged as part of the corporate reorganisation, the former Barclays Bank PLC became a group holding ... Barclays Bank PLC . In 1985, Barclays introduced Connect , the first debit card in the United ... Barclays sold its South African business operating under the First National Bank South Africa Barclays National Bank name after protests against Barclays involvement in South Africa and its apartheid ... markets Big Bang on the London Stock Exchange . In 1988, Barclays sold Barclays Bank of California ... Barclays called itself THE BIG BANK but this name was quickly given a low profile after a series ... , re branding it as Barclays Bank Delaware . ref Cite news last Timmons first Heather url http query.nytimes.com ... fullpage.html?res 9E01E2DF173FF93AA35756C0A9659C8B63 title Barclays agrees to buy Spanish bank in cash ... 19deal.html?ref business title Barclays Bank Makes Inquiry on Takeover of ABN Amro New York Times ...   more details



  1. Barclays Bank plc v O'Brien

    Infobox Court Case name Barclays Bank plc v O Brien court House of Lords image Barclays Wealth Guernsey.jpg date decided 21 October 1993 full name citations 1993 http www.bailii.org uk cases UKHL 1993 6.html UKHL 6 , 1993 4 All ER 417 judges Lord Templeman, Lord Lowry, Lord Browne Wilkinson, Lord Slynn of Hadley and Lord Woolf prior actions 1992 http www.bailii.org ew cases EWCA Civ 1992 11.html EWCA Civ 11 subsequent actions opinions transcripts keywords Undue influence Barclays Bank plc v O Brien 1993 http www.bailii.org uk cases UKHL 1993 6.html UKHL 6 is an English contract law case relating to undue influence . It set out the basic categories of undue influence as, 1 actual undue influence 2A presumed undue influence from a special relationship 2B presumed undue influence from facts raising suspicion of undue influence Facts 151 Farnham Lane, Slough , was in Mr and Mrs O Brien s names jointly. They had a 25,000 mortgage to a building society. Mr Tucker, who worked for Barclays Bank plc, when the mortgage was increased to 60,000 in 1981 made a note that Mrs O Brien might be a problem. In 1987 Mr O Brien s company, Heathrow Fabrications Ltd, was not doing well and he agreed with the Barclays Woolwich branch to raise the company s overdraft to 135,000, reducing to 120,000 after three weeks, guaranteed by Mr O Brien and secured on his matrimonial home with a second charge. The Woolwich ... by Mr O Brien did not make the bank responsible. Court of Appeal Purchas, Butler Sloss and Scott LJJ held that it was artificial to find undue influence when a bank left it to the spouse or another relation to obtain a signature for a charge, on the basis that the spouse was acting as the bank s agent ... and it was vital that banks be able to take security on them. The bank would be liable to having its .... Such undue influence is either actual or presumed. In Bank of Credit and Commerce International ... pressure in English law Lloyds Bank Ltd v Bundy 1975 QB 326 Williams v. Walker Thomas Furniture Co ...   more details



  1. Staff Association of Barclays Bank of Trinidad and Tobago Limited

    Unreferenced date December 2009 Orphan date December 2009 The Staff Association of Barclays Bank of Trinidad and Tobago Limited , a former trade union in Trinidad and Tobago , was registered on 2 May 1974. The Association changed its name to the Bank Employees Union when the Bank s name changed to Republic Bank Limited in 1981. See also List of trade unions Banking, Insurance and General Workers Union DEFAULTSORT Staff Association Of Barclays Bank Of Trinidad And Tobago Limited Category Trade unions in Trinidad and Tobago Category Finance sector trade unions Trinidad stub Caribbean trade union stub ...   more details



  1. Siebe Gorman & Co Ltd v Barclays Bank Ltd

    Infobox Court Case name Siebe Gorman & Co Ltd v Barclays Bank Ltd court High Court image caption date decided full name citations 1979 2 Lloyd s Rep 142 judges prior actions subsequent actions opinions transcripts keywords Floating charge Siebe Gorman & Co Ltd v Barclays Bank Ltd 1979 2 Lloyd s Rep 142 is a UK insolvency law case, concerning the definition of a floating charge. It is outdated as authority, in light of the House of Lords decision in Re Spectrum Plus Ltd . Facts Siebe Gorman, a diving equipment company, granted a debenture in favour of Barclays ie got a loan . The document said the loan was a first fixed charge over all present and future book debts . It required Siebe Gorman to pay the proceeds of its book debts into a Barclays bank account, and forbid Siebe Gorman from putting other charges on, or assigning the book debts to anyone else. So there was a prohibition on dealing with the book debts before collection of them. Barclays also had the right to obtain absolute control by giving notice, but that right was never exercised. Judgment Slade J held that it was a fixed charge. The restrictions on Siebe Gorman s power gave the bank enough control to be inconsistent with being a floating charge. See also Clist co security UK company law Floating charge Voidable floating charge Notes refs 2 References External links Category United Kingdom insolvency case law ...   more details



  1. Bartlett v Barclays Bank Trust Co Ltd

    Infobox Court Case name Bartlett v Barclays Bank Trust Co Ltd court Court of Appeal image Oldbaileylondon ... Brightman J prior actions subsequent actions opinions transcripts Keywords Bartlett v Barclays Bank ... that had been accepted since Speight v Gaunt . ref 1883 9 App Cas 1 ref Facts Barclays Bank was the sole ... property to developing property as well. Barclays Bank as trustee agreed to this policy so long as the income .... Judgment Brightman J held that the bank, as trustee, had not discharged its duty as trustee in failing ..., the bank should have obtained the fullest information on the conduct of the business, and it was not sufficient ... of the BTH shares and thereby caused a loss to the trust fund of the 1920 settlement. The bank, had ... have followed any reasonable policy desired by the bank had the bank s wishes been indicated to the board ... had the bank been prepared to lead, in a broad sense, rather than to follow. What, then, was the duty of the bank and did the bank fail in its duty? It does not follow that because a trustee could have ... What was the duty of the bank as the holder of 99.8 per cent. of the shares in BTL and BTH? 2 Was the bank ... which was suffered by the trust estate? 4 If so, to what extent is the bank liable to make good that loss? In approaching these questions, I bear in mind that the attack on the bank is based, not on wrongful ... without the incorporation of BTL, so that the bank held the freehold and leasehold properties and other ... breach of trust for the bank to have hazarded trust money upon the Old Bailey development project ... by the bank itself. The fact that it was a risk acceptable to the board of a wealthy company like Stock Conversion has little relevance. I turn to the question, what was the duty of the bank as the holder of shares in BTL and BTH? I will first answer this question without regard to the position of the bank as a specialist trustee, to which I will advert later. The bank, as trustee, was bound to act ... drew some 15,000 from the company s bank account in excess of his remuneration, and later became ...   more details



  1. Barclays Bank Ltd v Quistclose Investments Ltd

    Infobox Court Case name Barclays Bank Ltd v Quistclose Investments Ltd court House of Lords image Rolls Razor.JPG date decided full name citations 1968 http www.bailii.org uk cases UKHL 1968 4.html UKHL 4 , 1970 AC 567 judges Lord Reid, Lord Morris of Borth Y Gest, Lord Guest, Lord Pearce and Lord Wilberforce prior actions subsequent actions opinions transcripts keywords Quistclose trust, resulting trust Barclays Bank Ltd v Quistclose Investments Ltd 1968 http www.bailii.org uk cases UKHL 1968 4.html UKHL 4 sub nom Quistclose Investments Ltd v Rolls Razor Ltd is a leading English property law property , unjust enrichment and English trusts law trusts case, which invented a new species of proprietary interest. A Quistclose trust arises when an asset is given to somebody for a specific purpose ... were advanced holds them as trustee . Facts Rolls Razor Ltd owed 484,000 to Barclays Bank Ltd . It still ... with it, and the money would be put in a separate account also with Barclays Bank . The money ... Barclays Bank v Quistclose Investments ref sums advanced for the specific payment of a creditor ref ... Razor Ltd held the money on trust. Barclays contended that the account was part general assets of the company ... against the debts that Rolls Razor owed with respect of Barclays. ref 1970 AC 567, 568 ref Judgment ... and equitable rights to claim title could co exist. Barclays, having notice of the trust, could ... favorable to the bank, i.e., that it is necessary to show that the bank had notice of the trust or of the circumstances ... to constitute notice. But on July 15, 1964, the bank, when it received the cheque, also received the covering ... that the bank was told that the money had been provided on loan by a third person and was to be used ... earlier documents that the bank were aware that Rolls Razor Ltd. could not provide the money for the dividend ... by Russell L.J., 1968 Ch. 540, 563F it would be giving a complete windfall to the bank if they had ..., shortly after Quistclose bank loan documents in England began to include clauses covenanted ...   more details



  1. The Barclays

    Infobox golf tournament name The Barclays nickname image Deleted image removed File TheBarclays.jpg 200px location Varies Edison, New Jersey in 2011 establishment 1967 course Varies Plainfield Country Club in 2011 par 71 in 2010 yardage 7,400 yards in 2011 tour PGA Tour format Stroke play purse United States dollar 8,000,000 month played August aggregate 261 Bob Gilder 1982 to par 19 Johnny Miller 1974 br 19 Bob Gilder 1982 br 19 Dustin Johnson 2011 current champion Dustin Johnson The Barclays is a golf tournament on the PGA Tour . The tournament began in 1967 as the Westchester Classic and was played at the Westchester Country Club in Westchester County, New York . Beginning in 1976 it underwent a series of name sponsorships detailed below , not unlike other PGA Tour stops. The name of the event evolved to the point that, by 1990, it no longer contained the name of its host course or location. However, among golfers on tour and many fans, it was still known by its traditional name, The Westchester . The tournament was usually played during June of each year, either the week before in even numbered years or the week after in odd numbered years the U.S. Open golf U.S. Open . It had its ... Year Player Country Venue Score To par 1st Prize United States dollar Purse colspan 8 The Barclays 2011 ... colspan 8 Barclays Classic 2006 Vijay Singh FJI Westchester Country Club 274 align center 10 align ... tournaments r027 winners.html The Barclays Winners at www.pgatour.com ref ref http www.golfobserver.com new golfstats.php?style &tour PGA&name &year &tournament The Barclays&in Search The Barclays ... isbn 978 60239 302 8 ref Multiple winners Five men have won the The Barclays more than once through ... r027 Coverage on the PGA Tour s official site FedEx Cup Playoffs PGA Tour Events DEFAULTSORT Barclays Category PGA Tour events Category Golf in New York Category Golf in New Jersey fr The Barclays nl The Barclays ja no The Barclays ...   more details



  1. Imperial Bank of Canada

    Imperial Bank of Canada Building.jpg thumb center center Location Toronto, Ontario , Canada center ... day Canadian Imperial Bank of Commerce CIBC center The Imperial Bank of Canada was a Canada Canadian bank based in Toronto in the late 19th Century and early 20th Century. Founded in 1873 as the Imperial Bank in Toronto by Henry Stark Howland , former vice president of the Canadian Bank of Commerce . The bank became the Imperial Bank of Canada in 1874. ref name FirstName cite web url http lois.justice.gc.ca en privlaw 214789 198.html title Table of Private Acts Imperial Bank work Department of Justice ref In 1875, the president of the Imperial Bank of Canada was H.S. Howland, founder of the original Imperial Bank. The bank had a capital of 1,000,000 and the head office was located on Wellington Street in Toronto , Ontario . The Imperial Bank of Canada branches expanded beyond Toronto and were ... digitalcollections.torontopubliclibrary.ca webDC images.do?contentID PICTURES R 1445 Imperial Bank of Canada 1875 ref In 1875, it amalgamated with the Niagara District Bank , ref name Niagara cite web url http lois.justice.gc.ca en privlaw 214789 201.html title Table of Private Acts Imperial Bank of Canada ... the bank s president in 1890, Howland remained at the bank until his death in 1902. Cox remained President until 1906. Daniel Robert Wilkie succeeded Cox as president of the Imperial Bank of Canada and died as President in 1914. Imperial Bank of Canada acquired Weyburn Security Bank in 1931 and Barclays Bank Canada Barclays Bank Canada in 1956. It merged with the Canadian Bank of Commerce in 1961 to form the Canadian Imperial Bank of Commerce . See also List of banks in Canada List of Canadian banks References reflist Canadian banks DEFAULTSORT Imperial Bank Of Canada Category Defunct banks of Canada Category Canadian Imperial Bank of Commerce Category Companies disestablished in 1961 Category Banks established in 1873 canada company stub ...   more details



  1. HSBC Bank Canada

    1 branch . In 1996, on August 31, HBC acquired Barclays Bank Canada . Barclays had re entered ... of Wells Fargo Bank Canada . Wells Fargo sold its operations in Alberta and in Florida to Barclays as part of a re focusing on its home market. In 1993, Barclays Bank Canada closed its Edmonton ...Infobox company company name HSBC Bank Canada company logo File HSBC.svg company type Subsidiary of HSBC ... www.hsbc.ca parent HSBC HSBC Bank Canada , formerly the Hongkong Bank of Canada lang fr Banque HSBC Canada , is a bank in Canada that is part of British banking giant HSBC one of the largest banking groups in the world. HSBC Canada is the seventh largest bank in Canada, with offices in every province ... are in the financial district of Vancouver , British Columbia . HSBC Bank Canada s Institution Number or bank number is 016. History File Hsbc bldg.jpg upright thumb left HSBC Canada Building HSBC Bank Canada headquarters in Vancouver, Canada. File HSBCMarkhamLibertySquare.jpg upright thumb ... Bank of Canada HBC , in Vancouver as a chartered bank effective July 1, 1981 under the Bank Act of Canada. HBC used the acceptance company as a base for the new bank. HBC had a few retail branches ... Columbia and Alberta. Overnight, HBC moved from the 20th largest to 9th largest bank in Canada. In 1988, on May 20, HBC amalgamated with Midland Bank Canada, thereby increasing assets by 472 ..., on May 29, HBC acquired Lloyds Bank of Canada , thereby increasing assets by 4.4 billion and adding .... HBC became the largest foreign bank. Lloyds Bank had acquired Continental Bank of Canada 1986 ... largest bank in Canada with branches in every province except Prince Edward Island. ANZ had acquired Grindlays Bank Canada with its acquisition of Grindlays, but management was more interested in expanding ... 21, HBC changed its name to HSBC Bank Canada, consistent with the HSBC Group s strategy of creating the global brand, HSBC. On December 3, it acquired Prenor Trust Company of Canada. In 2000, HSBC Bank ...   more details



  1. Her Majesty's Commissioners of Customs and Excise v Barclays Bank Plc

    Infobox Court Case name Customs and Excise v Barclays Bank Plc court House of Lords image date decided full name citations 2006 http www.bailii.org uk cases UKHL 2006 28.html UKHL 28 judges prior actions 2004 http www.bailii.org ew cases EWCA Civ 2004 1555.html EWCA Civ 1555 , 2004 http www.bailii.org ew cases EWHC Comm 2004 122.html EWHC 122 Comm subsequent actions opinions transcripts keywords Assumption of responsibility , Caparo test, negligent misstatement Her Majesty s Commissioners of Customs and Excise v Barclays Bank Plc 2006 http www.bailii.org uk cases UKHL 2006 28.html UKHL 28 is a leading English tort law case concerning negligent misstatement and pure economic loss . Facts HM Customs and Excise Customs and Excise needed to freeze the bank account of a Barclays customer. By law, banks are required to comply with requests for freezing orders and are paid for the service. When it received the request, a Barclays employee replied that it had frozen the bank account. But it had not, and the customer proceeded to empty all of the money from the account. Customs and Excise sued Barclays for the amount that was lost. Barclays argued it had no duty of care, nor had it assumed responsibility. Judgment Court of Appeal Peter Gibson LJ, Longmore LJ, Lindsay LJ held that there was no duty and proposed that Hedley Byrne type assumption of responsibility should be subsumed into the threefold test from Caparo Industries plc v Dickman . House of Lords The House of Lords unanimously disapproved the Court of Appeal s decision, that assumption of responsibility was indistinct and subsumed into the law of negligence. It held, however, that in this case, because the bank was required by law to comply with the freezing order, there could not be said to have arisen any assumption of responsibility on Hedley Byrne grounds. Applying then the Caparo test, it was held to not be fair, just and reasonable to impose liability. The bank was therefore not required to reimburse Customs and Excise ...   more details



  1. Bank of America Canada

    unreferenced date July 2011 Bank of America Canada lang fr Banque d Am rique du Canada , was a wholly owned U.S. bank subsidiary, headquartered in Toronto , Ontario, Canada. It was a Schedule II bank under the Canada Bank Act to accept deposits which may be eligible for deposit insurance provided by the Canada Deposit Insurance Corporation . In 2001, Bank of America Canada re established itself as a branch Citation needed date May 2011 of Bank of America, N.A. of Charlotte, North Carolina Charlotte, NC . Canada s revised Bank Act had created a new schedule, Schedule III, for banks that are foreign bank branches of foreign institutions that have been authorized under the Bank Act to conduct commercial operations deemed banking in Canada. These branches have certain restrictions under Canadian law . Membership Bank of America Canada is a member of the Canadian Bankers Association and http www.cdnpay.ca Canadian Payments Association . External links http www.bankofamerica.com Bank of America Category Bank of America Category Schedule II banks in Canada bank stub ...   more details



  1. Continental Bank of Canada

    Refimprove date December 2009 style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center Continental Bank of Canada center center Location Toronto, Ontario , Canada center First President center center Existed 1980 1986 center center Merged into modern day HSBC Bank Canada center The Continental Bank of Canada was a chartered bank formed in Canada when IAC, a financing company, decided to expand the scope of operations in the 1980s. ref http www.thecanadianencyclopedia.com index.cfm?PgNm TCE&Params A1ARTA0001888. The Continental Bank of Canada had head offices in Toronto. ref This small bank struggled for several years before being acquired by Lloyds Bank of the United Kingdom. Continental Bank became Lloyds Bank of Canada in 1986. After several years of losses, Lloyds Bank sold its Canadian operations to Hong Kong Bank of Canada HBC in 1990. HBC merged Lloyds Bank of Canada with its existing operations into what is now HSBC Bank Canada . See also List of banks in Canada References Reflist http laws.justice.gc.ca eng Z 036 index.html An Act to Incorporate Continental Bank of Canada 1976 77, c. 58& 93 Commons Canadian banks DEFAULTSORT Continental Bank Of Canada Category Defunct banks of Canada Category Lloyds Banking Group Category HSBC acquisitions Category 1980s establishments Bank stub Canada corp stub ...   more details



  1. CTC Bank of Canada

    The CTC Bank of Canada is a commercial bank based in Vancouver , British Columbia with three branches. It is a subsidiary of Taiwan based Chinatrust Commercial Bank , the most profitable bank in Taiwan. External links http www.ctcbank.com eng.htm CTC Bank of Canada web site Vancouver Corporations bank stub canada company stub Category Companies based in Vancouver Category Schedule II banks in Canada ...   more details



  1. Unity Bank of Canada

    Unreferenced auto yes date December 2009 Orphan date December 2009 style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center Unity Bank of Canada center center Location Toronto , Ontario , Canada center First President Richard Higgins center center Existed 1972 1978 center center Merged into Provincial Bank of Canada Banque provinciale du Canada center The Unity Bank of Canada was a small Canada Canadian bank that was started in the 1972. Unity Bank of Canada was established in Toronto in 1972. Richard Higgins was president and David Matthews was General Manager. It was acquired by Provincial Bank of Canada in 1979. See also List of banks in Canada List of Canadian banks References Reflist Canadian banks DEFAULTSORT Unity Bank Of Canada Category Defunct banks of Canada Category Banks established in 1972 Category Companies disestablished in 1979 Category Companies based in Toronto Bank stub Canada corp stub Toronto stub fr Unity Bank ...   more details



  1. Lloyds Bank of Canada

    Unreferenced date December 2009 style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center Lloyds Bank of Canada center center File National Bank of New Zealand logo.svg center small Location Toronto, Ontario , Canada small small Existed 1986&ndash 1990 small small Fate Merged into HSBC Bank Canada small Lloyds Bank of Canada was formed in 1986 when Lloyds Bank Plc of the United Kingdom purchased the Continental Bank of Canada . This bank had been formed earlier in the 1980s when IAC, a financing company, decided to expand the scope of operations. In 1990, after several years of losses, Lloyds Bank sold its Canadian operations to the Hongkong Bank of Canada , a subsidiary of London based HSBC Holdings Plc. In 1999, HBC changed its name to HSBC Bank Canada , consistent with HSBCs strategy of creating the global brand. See also List of banks in Canada References Reflist Canadian banks DEFAULTSORT Lloyds Bank Of Canada Category Defunct banks of Canada Category Lloyds Banking Group Category HSBC acquisitions Category Banks established in 1986 Category Companies disestablished in 1990 Bank stub Canada corp stub Canada company stub ...   more details



  1. Standard Bank of Canada

    style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center Standard Bank of Canada center center Location Toronto, Ontario , Canada center First President center center Existed 1873 1928 center center Merged into Canadian Bank of Commerce center The Standard Bank of Canada was a Canada Canadian bank established in 1873 as the St. Lawrence Bank by a group of Toronto businessmen led by J.C. Fitch. In 1876 it was renamed the Standard Bank of Canada following a reorganization, and under its new management it grew. By 1907 it had nearly 50 branches and added another 27 when Standard Bank acquired The Western Bank of Canada 1882 1909 , a regional bank headquartered in Oshawa, Ontario . The bank began to expand into the western provinces, and later combined with The Sterling Bank in 1924. The combined entity had 243 branches, of which 176 were in Ontario. Increased competition and other strategic considerations led to The Standard Bank of Canada to merge with the Canadian Bank of Commerce in 1928. The Standard Bank of Canada issued its own banknotes, as many of Canada s banks did in that era. Some examples of these notes can be seen at the Bank of Canada s Currency Museum. ref http www.currencymuseum.ca eng collection search results.php?q january&r 10&o 1230&s 1317 Bank of Canada Currency Museum Bot generated title ref See also List of banks in Canada List of Canadian banks References references http www.cibc.com ca inside cibc history mergers amalgamations bank of commerce.html CIBC Mergers and Amalgamations, The Canadian Bank of Commerce Canadian banks Bank stub Canada corp stub Category Defunct banks of Canada ...   more details



  1. Standard Chartered Bank of Canada

    style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center Standard Chartered Bank of Canada center center Location Toronto, Ontario , Canada center First President Henry Stark Howland center center Existed 1969 1990s center center Merged into modern day Bank of Montreal and Toronto Dominion Bank center The Standard Chartered Bank of Canada was the Canada Canadian banking unit of the British Standard Chartered Bank . Standard Chartered bank was created by a merger of Standard Bank of British South Africa 1862 and the Chartered Bank of India, Australia and China 1853 in 1969 http www.standardchartered.com about us history en index.html . It quit Canada in the 1990s, selling its two retail branches to Bank of Montreal and its commercial branch to Toronto Dominion Bank. Standard Chartered s separate metals services business Mocatta Metals was sold to Scotiabank in 1997 to form ScotiaMocatta http www.scotiamocatta.com house history.htm . Standard Chartered Bank currently operates two small offices in Calgary and Toronto through its acquisitions of Harrison Lovegrove & Co. and American Express Bank. See also List of banks in Canada List of Canadian banks References Reflist Commons Bank stub Standard Chartered Canadian banks Canada corp stub Category Defunct banks of Canada Category Standard Chartered Category Bank of Montreal Category Companies established in 1969 ...   more details



  1. Bank of Canada (commercial)

    style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center Bank of Canada commercial center center Location Toronto, Ontario , Canada center First President center center Existed August 16, 1858 1866 center center renamed the Canadian Bank of Commerce, later modern day Canadian Imperial Bank of Commerce CIBC center The Bank of Canada was granted a charter on August 16, 1858. ref cite web url http www.scribd.com doc 12596938 Bank of Canada Charter 1858 title Bank of Canada Charter 1858 publisher Scribd.com date accessdate 2011 10 22 ref The charter was granted to the Honorable William Cayley , the Honorable Joseph Curran Morrison , Angus Morrison Esquire Esq. , the Honorable John Ross Disambiguation needed date June 2011 , William Henry Boulton Esquire Esq. and Frederick William Cumberland Esquire Esq. The charter was never used and eventually sold to William McMaster in 1866 and renamed the Canadian Bank of Commerce , later became Canadian Imperial Bank of Commerce CIBC . It is not to be mistaken for the Bank of Canada , the current central bank which was established by the Bank of Canada Act in 1934. References Reflist Canadian banks DEFAULTSORT Bank Of Canada Commercial Category Defunct banks of Canada Category 19th century establishments Category 1858 disestablishments Category Companies disestablished in the 19th century Bank stub Canada corp stub ...   more details



  1. Provincial Bank of Canada

    Refimprove date December 2009 style float right margin left 1em margin bottom 0.5em width 220px border 99B3FF solid 1px center Provincial Bank of Canada center center Location Quebec , Canada center First President center center Existed 1861 1979 center center Merged into modern day National Bank of Canada center The Provincial Bank of Canada French Banque provinciale du Canada was a Quebec based bank in Canada that was the product of mergers between the Banque Jacques Cartier 1861 , the Banque d conomie de Qu bec 1848 , the Banque populaire de Qu bec 1868 , and the Unity Bank of Canada 1972 . It merged with the Banque Canadienne Nationale to form the National Bank of Canada in 1979. ref http www.thecanadianencyclopedia.com index.cfm?PgNm TCE&Params A1ARTA0005612 National Bank of Canada ref See also List of banks in Canada References Reflist Canadian banks DEFAULTSORT Provincial Bank Of Canada Category Defunct banks of Canada Category Banks with year of establishment missing Category Companies disestablished in 1979 Bank stub Canada corp stub Quebec stub fr Banque provinciale du Canada ...   more details




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