Canadian Banking TimeToast 1958-1963-Ava

By Avaaaaa
  • Canadian bank robbery

    【robbery】(dushi.singtao.ca)
    Johnston, the top teller at Imperial Bank, made off with about $260,000 from the bank safe. He was arrested and imprisoned in the same year, with 200,000 stolen money left.
  • Bank of montreal

    【bank headquarters】(academic-accelerator.com)
    Bank of Montreal is moving its operational headquarters into a 17-storey building next to its historic headquarters. The building has been the bank's operational headquarters
  • Canadian bank development

    【bank merger】(http://ca.mofcom.gov.cn/)
    Canadian Imperial Bank of Commerce was formed in 1961 through the merger of the Canadian Bank of Commerce (established in 1867) and the Canadian Imperial Bank (established in 1875). It is headquartered in Toronto.
  • Bank of Canada employee history

    【First women branch managers】(https://cba.ca/milestones-in-canadian-banking)
    Shirley Giles(toronto)and Gladys Marce;both employees of The Bank of Nova Scotia,become the first women branch managers in Canadian history.
  • Canadian bank development

    [First computer](https://cba.ca/milestones-in-canadian-banking)
    Royal Bank becomes the first bank to install a computer,an IBM 1401 which occupied an entire room,for accounting purposes.
  • Canadian bank development

    [Drive-in banking](https://cba.ca/milestones-in-canadian-banking)
    Banks introduce first drive-in teller windows.
  • Canadian stocks

    【stock market】(sse.com.cn)
    Since 1961, Canada's GDP growth rate has been positive in most years, and the total GDP still maintains a growth trend. The Canadian stock market is one of the largest stock markets in the world.
  • Canadian bank currency

    【exchange rate】(xuetz.com)
    Before May 2, 1962, Canada had a floating exchange rate. On May 2, 1962, the Canadian government regulated the fixed exchange rate between the Canadian dollar and the U.S. dollar at 1 U.S. dollar = 1.081 Canadian dollars.
  • Canada-China Banking Relations

    【business dealings】(baidu.com)
    After the Bank of China and the Bank of Canada established an agency relationship, the Bank of China opened a Canadian dollar account at the Canadian imperial bank of commerce.
  • Development of BMO

    【Establish department】(shuo.news.esnai.com)
    Bank assets are further pushed into personal business, the proportion of government underwriting business continues to decline, and the risk coefficient of bank assets rises sharply. BMO established its first data processing division in 1963.