Big Five (banks)
Not to be confused with Big Four (banking).
Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Bank of Nova Scotia (Scotiabank), Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and Toronto–Dominion Bank (TD).
All of the five banks are operationally based in Toronto.[1][2] All five banks are classified as Schedule I banks that are domestic banks operating in Canada under government charter. The banks shares are widely held, with any entity allowed to hold a maximum of twenty percent.[3]
According to a ranking produced by Standard & Poor's, in 2017, the Big Five are among the world's 100 largest banks, with Toronto–Dominion Bank, Royal Bank of Canada, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce at 26th, 28th, 45th, 52nd and 63rd place, respectively.
Big Five - Wikipedia(banks)&hl=pt-BR#a.cite_note-4
