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. 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.
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
Famous quotes containing the words standard, chartered, bank and/or canada:
“We don’t want bores in the theatre. We don’t want standardised acting, standard actors with standard-shaped legs. Acting needs everybody, cripples, dwarfs and people with noses so long. Give us something that is different.”
—Dame Sybil Thorndike (1882–1976)
“The chartered recountants take the thing to pieces and put it together again. They enjoy it. The artist takes it to pieces and makes a new thing, new things. He must.”
—Samuel Beckett (1906–1989)
“When she could hide him no longer she got a papyrus basket for him, and plastered it with bitumen and pitch; she put the child in it and placed it among the reeds on the bank of the river.”
—Bible: Hebrew, Exodus 2:3.
“I fear that I have not got much to say about Canada, not having seen much; what I got by going to Canada was a cold.”
—Henry David Thoreau (1817–1862)