CANADIAN BANKS
AN IMMENSE MERGER. By Cable—Press Association—Copyright. Ottawa, May 9. The pending merger of the Bank of Montreal and the Union Bank is reported, and afterwards the Bank of Montreal will probably amalgamate with the Royal Bank of Canada. If this is consummated, the merger will be probably the largest in the history of banking.
Sir Thomas Shaughnessy, president of the Canadian-Pacific Railway Company, is spoken of as likely to be chairman of the amalgamated company.
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https://paperspast.natlib.govt.nz/newspapers/TDN19120511.2.39
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Taranaki Daily News, Volume LIV, Issue 270, 11 May 1912, Page 5
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77CANADIAN BANKS Taranaki Daily News, Volume LIV, Issue 270, 11 May 1912, Page 5
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