Scotia’s Brian Porter made more than $10.9 million in 2015.
It’s no surprise that the CEO of the biggest bank in the country would have the largest compensation package in the industry.
BMO head William Downe marked his 32nd year at the bank, and ninth year as CEO, by bringing home $10,171,625 in total compensation in 2015.
TD was an early adopter of the innovation lab model, tasking a Kitchener-based skunkworks with proactively disrupting its own business
His total compensation reached $8.5 million.
Banks are busy transforming their core businesses to boost business. But that's not enough to draw millennial employees.
TD Bank CEO Bharat Masrani was paid $9 million in direct compensation last year -- a 10% increase from the year before.
The firm's head of wealth management says the new brand has resulted in growth.
Bearishness is still in the cards for Canadian markets.
BMO Asset Management has changed the underlying indices of two U.S. banks ETFs.