Talk:List of banks in Canada
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[edit] TD Bank: what's the right name?
User:Ground Zero and User:70.25.130.165: This may seem like splitting hairs, but TD Canada Trust is the bank, and is a fully-owned subsidiary of TD Bank Financial Group--a holding company which also owns TD Waterhouse, TD Banknorth, and several other companies. To comply with chartered bank rules, almost all north-American banks are structured in such a way. Technically speaking, TD Bank Financial Group is not a chartered bank, but instead is what is known as a "Bancshares holding company".
So, in one sense, you are both right. But in another, more accurate sense, the bank we are all familiar with is TD Canada Trust. Owen× TALK 22:58, 10 August 2005 (UTC)
- I agree, it should be listed as TD Canada Trust. --Image:Ottawa flag.png Spinboy 23:42, 10 August 2005 (UTC)
- In fact, TD Bank Financial Group is simply a marketing name for The Toronto-Dominion Bank and its subsidiaries. The legal name remains The Toronto-Dominion Bank. TD Canada Trust is a marketing name for the retail banking operations in Canada of The Toronto-Dominion Bank. The least confusing way to deal with marketing names which differ from legal names is to say "The Toronto-Dominion Bank, known as TD Bank Financial Group", or "Royal Bank of Canada, known as RBC Financial Group", or "Bank of Montreal, known as BMO Financial Group", or "The Bank of Nova Scotia, known as Scotiabank". For each of the banks mentioned in this paragraph, the entity in which shareholders invest is a chartered bank, not a holding company. TruthbringerToronto 03:12, 18 May 2006 (UTC)
[edit] "Big Six" banks
-I don't know what oint User:FirefoxRocks is trying to make. President's Choice Financial is NOT considered to be one of the "Big Six" banks. Scotiabank is. Ground Zero | t 04:14, 14 July 2006 (UTC)
