It seems that CIBC, RBC and others like to pretty much all the time have some kind of promotion where new account holders get 4.5% interest or something for 3 months, 5 months or whatever. Can you just close the account after the teaser rate period is up, then 2 months later when they have another p...
Nov 26th, 2022 11:26 am
Trying to get some insight on a Career I'm eyeing, interesting in being a FA for a big 5 bank, 1. Is 90k Doable for a FA,? A friend that works at TD told me the starting for a FA in his branch is 60k + commission 2. How does Bank hopping work? 3. Any 5 Big banks ...
Oct 23rd, 2022 8:30 pm
... pretty spot-on. According to Hays' latest 2022 Report: https://www.hays.ca/resources/reports/2022-salary-guide BANKING AND FINANCIAL INSTITUTIONS BIG 5-Large Job Title National CFO $300+ CRO $300+ CCO $300+ Vice President, Risk $170-230 Vice President, Compliance $170-230 Vice President, Audit ...
wanted to gain some insight on the personal trading policies in a big 5 bank in middle office/finance. I've asked compliance, they say they don't know if I have one. My manager doesn't preclear trades and has been with the bank for over 10 years. Not sure ...
Which of the big 5 work with Mint? TD doesn't work consistently - I have to redo 2fa every week or so. RBC seems to work. BMO? CIBC? Scotia (shudder)? I have a bunch of accounts and I like using Mint.com to track them. I've been ...
Apr 2nd, 2022 3:12 pm
Hi all,I’m hoping someone out there knows the salary bands + typical variable pay for AVP/Sr. Director or equivalent roles.Thanks!
Feb 25th, 2022 7:13 pm
Hi All! Anyone has an idea how the Citi job titles work vs Big 5 (particularly TD). I know Citi has super inflated titles compared to the Big 5. As I understand it, an AVP (C12) at Citi is like a Manager (Level 10) at TD. And VP (C13) is like a Senior ...
From your experience which of the big 5 has the best work life balance? Working at RBC and I'm burnt out. The budget is always the highest priority and despite winning new clients, there's no sign of hiring more people to keep up with the demand.
Aug 23rd, 2021 1:34 am
So I recently got hired on a 6-month contract in finance. the hiring manager told me during the interview that there are opportunities to convert to full-time as the team is big and there are opportunities within the team, but it depends on my performance. My question is, is it common practice to hi...
I am interested in using Smith Maneuver to make the interest on my mortgage tax-deductible. I know the big 5 banks offers this kind of mortgage (I believe it's called readvanceable mortgage). Does other lenders (e.g. monoline) offer this kind of mortgage as well? If so, which ...
Feb 11th, 2021 9:23 pm
How much does an operations analyst make at a big 5 bank? Specifically an ops analyst 2, but any will numbers help.Thank you!
Which big 5 bank has the best employee benefits? I know BMO states on their website they offer employee mortgage rates and fee waived accounts but do other big 5 banks offer similar employee benefits?
Feb 2nd, 2021 11:42 pm
Hello RFD'fam, Hope you all are doing great! I need some advise regarding a personal chequing account with the Big 5 banks in Canada. At present, I'm having a CIBC Smart account that is around 1.5 years old and need to maintain $3,000 minimum and 1 recurring deposit to avoid the ...
Aug 18th, 2020 8:39 pm
... card; their client card cannot be used online. So... Thought I'd muse aloud if it is generally a good idea to continue a relationship with Scotia/Big 5 bank here in Canada? Would it have any "benefit" in the long run? Of course, I do have their No Fee Momentum VISA too - which I might ...
Apr 21st, 2020 6:14 pm
Or would you just buy some of all of them?30 year investing horizon.Here's performance over the last 5 years compared to VCN index. https://imgur.com/WtLU8XP.jpeg
... they mean withdrawal. So I can make unlimited deposits and one withdrawal per month. Additional withdrawals cost $3 each. A couple other big 5 banks have similar accounts At CIBC, it's the Bonus Savings Account . At RBC, it's the Day to Day Savings Account . Unfortunately, Scotia and ...
Oct 2nd, 2019 12:23 pm
I’m looking for no risk investment and working on the down payment for my first house. I heard from some people that big banks are better for registered investments, is that true? However, the rate of Tangerine RSP GIC is much better than other big banks. What do you think? Is the GIC the best no/mi...
Feb 12th, 2019 2:25 pm
Long story short, my in-laws need access to the equity in their home for a renovation they're going through, and applied for a HELOC through a Big 5 Bank beginning of December. Well the employee they were dealing with kept telling them everything was good, but then after a few weeks didn't get ...
Jan 16th, 2019 6:09 pm
... off almost daily and I see CIBC is down to it's lowest level since November 2016, and the dividend is 5.3x%. BNS is 5.0x% now. The rest of the big 5 are also at multi-year lows (BNS and CM have only dividends above 5%). I get the TSX is also at it's multi-year low too, so I know the two are ...
I would appreciate insights on this-CSR job (part-time or full-time) with any of the big 5 banks or Financial Advisor role with Edward Jones? Which one would give a new immigrant satisfaction and career growth in the long run?