Top Financial Institutions in Canada

Following is the list of top largest financial institutions in Canada:

Royal Bank of Canada (RBC) - It is the largest financial institution in Canada, measured by deposits, revenues, and market capitalization. RBC provides banking, insurance, wealth management services, corporate, investment banking and transaction processing services on a global basis.

Desjardins Group - It is the largest cooperative financial group in Canada and the largest financial institution in Quebec, comprising a network of financial service cooperatives: caisses and credit unions, and subsidiary companies in life and general insurance, securities brokerage, venture capital and asset management. Desjardins Group, is ranked 25th among the “World's 50 Safest Banks” and 4th among the top 10 safest financial institutions in North America, according to the Global Finance's 2010 survey.

National Bank Financial Group - According to Commerce magazine's annual rankings of the 500 largest companies in Quebec and Canada (June 2007 issue), National Bank is the 8th largest employer in Quebec and the 55th largest employer in Canada. It is also ranked 18th among the 20 largest financial institutions in Canada in terms of revenue and is the 6th largest Canadian bank in terms of assets.

Scotiabank - It is one of North America's premier financial institutions, and Canada's most international bank. Scotiabank Group and its affiliates offer a wide range of products and services including personal, commercial, corporate and investment banking to customers around the world. Scotiabank was named a "company to watch", the only Canadian company to be recognized by Fortune magazine (2010).

* Featured Articles:

Top 10 Largest Canadian Banks

Financial Planning Firms in Canada

Fastest Growing Companies in Canada

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

Popular posts from this blog

Advantages & Disadvantages of Reducing Balance Method

Advantages and Disadvantages of Swaps

How to Calculate Debenture Interest