Standard Chartered Bank of Canada

Standard Chartered Bank of Canada

Location: Toronto, Ontario, Canada

First President: Henry Stark Howland

Existed: 1969-1990s

Merged into modern-day Bank of Montreal and Toronto-Dominion Bank

The Standard Chartered Bank of Canada was the 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[1]. 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[2].

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 Canadian banks