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Who’s controlling our money?

When Darryl White takes over at BMO this month, he’ll join a class of newish names atop Canada’s Big Five banks. Collectively, they oversee $4.5 trillion in assets. Meet the new banking establishment

Who’s controlling our money?

Who’s controlling our money?
David McKay, RBC

Age: 54 CEO since: August 2014 2016 earnings: $12.2 million From: Montreal Lives in: Lawrence Park Education: MBA from Ivey Dream job as a kid: Player for the Montreal Canadiens First stock you bought: I was shadow investing when I was 10 years old, but the first real one was IBM Worst stock you bought: I used to think I knew a lot about gold, until some gold stocks tanked on me in the ’90s Role model: My mom. My father died when I was 12, and she looked after three kids and ran a family business Coolest thing in your office: Boxing gloves signed by George Chuvalo Worst part of your job: It can be lonely at times Time you wake up: 6 a.m. At least that’s when the alarm goes off Time you go to bed: Midnight Wheels: Mercedes S550. But what do I really want to drive? A Ferrari. Maybe when I retire Watch: IWC Portuguese Countries visited in the past year: 10, including several in the Caribbean and Europe, and the U.S. What you tip: I start at 20 per cent and go up or down depending on the service Last concert you saw: Pearl Jam, my favourite band Embarrassing facts: I’m not handy, I can’t read my own handwriting, and I’m still a three-finger typist


Who’s controlling our money?
Victor Dodig, CIBC

Age: 51 CEO since: September 2014 2016 earnings: $9.2 million From: Toronto Lives in: The Kingsway Education: MBA from Harvard Dream job as a kid: Professional soccer player. I played semi-pro for a year before I was injured First stock you bought: CIBC. My very first office job was as a teller in 1985 while attending U of T. The person who hired me just retired after 42 years! Role model: My parents. My father was a Croatian refugee Coolest thing in your office: Lavender from Croatia Time you wake up: 5:30 a.m., then head to spin class Time you go to bed: 11:30 p.m. Wheels: Range Rover and a Chevy Equinox Watch: TomTom—it’s terrific for spin class! Countries visited in the past year: Croatia, the U.K., Hong Kong and the U.S. Book on your nightstand: Vimy, by Pierre Berton Last play you saw: Kim’s Convenience. My wife, Maureen, is on Soulpepper’s board Embarrassing fact: I tried to be a comedian at the Humour Me charity event Guilty pleasure: Dark chocolate Worst thing about Toronto: The Stanley Cup drought


Who’s controlling our money?
Brian Porter, Scotiabank

Age: 59 CEO since: November 2013 2016 earnings: $11.8 million From: Calgary Lives in: Yonge-St. Clair Education: Advanced management program at Harvard Dream job as a kid: Hockey player First stock you bought: Dome Petroleum Worst stock you bought: Dome Petroleum Coolest thing in your office: The bank’s first boardroom table, first used in Halifax in 1832 Worst part of your job: Red-eye flights Time you wake up: 5:30 a.m. Time you go to bed: 10:30 p.m. Wheels: Jeep Grand Cherokee Watch: Swatch Countries visited in the past year: Mexico, Peru, Chile, Colombia What you tip: 20 per cent Last concert you saw: Bruce Springsteen Embarrassing fact: After a trip to Australia, in the haze of jet lag, I introduced one of my daughters to someone as my wife Book on your nightstand: Memoirs, by David Rockefeller Guilty pleasure: Wine gums Secret obsession: Fly fishing


Who’s controlling our money?
Bharat Masrani, TD

Age: 61 CEO since: November 2014 2016 earnings: $10.3 million From: Uganda Lives in: Yorkville Education: MBA from Schulich Dream job as a kid: Astronaut First stock you bought: GM, I think. That was a long time ago Worst stock you bought: 360Networks Role model: My brother, Hasu Coolest thing in your office: Photos of my kids and grandson. They’re cooler than me! Last play you saw: Come From Away
Time you wake up: 5 or 5:30 a.m. Time you go to bed: Too late Leafs, Jays or Raps?: I’m still waiting for Toronto’s cricket franchise Wheels: I prefer to walk Watch: I use an internal clock. It’s not that accurate Countries visited the in past year: U.S., U.K., U.A.E., Singapore, India What you tip: 20 per cent Book on your nightstand: A Man Called Ove, by Fredrik Backman Word you overuse: Two, actually: “Pardon me.” I don’t hear as well as I used to Guilty pleasure: Fine wine


Who’s controlling our money?
Darryl White, BMO

Age: 47 CEO since: November 2017 2016 earnings: $8.2 million From: Montreal Lives in: Midtown Education: Advanced management program at Harvard Dream job as a kid: Anything where I help people. I worked as an orderly at the Montreal General Hospital Non-banking role model: My late brother Coolest thing in your office: A football autographed by Tom Brady Time you wake up: 5:30 a.m. Time you go to bed: 10:30 p.m. Wheels: An electric car Watch: I’ve worn the same Tag watch for 10 years Countries visited in the past year: U.S., U.K., Italy, Switzerland, China, Turks and Caicos, Morocco What you tip: 20 per cent Book on your nightstand: Too many! Canada by Mike Myers is among the fun ones Last concert or play you saw: Coldplay Secret hobby: Golfing, increasingly poorly Leafs, Jays or Raps: TFC!!! Best thing about Toronto: Diversity Worst thing about Toronto: Traffic. But there is a plan! Favourite Torontonian: Penny Oleksiak. She’s showing all teenage girls they can take on the world

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