 Canadian Banks Overshadow U.S. Canadian banks have a presence in the United States; they have come through the global banking system’s meltdown. They are rising through the list of the world’s biggest banks, which are ranked by size.Commentsview comments in forum Page 1 You need to be a member of CKA and be logged into the site, to comment on news. |
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Well I guess it falls under CIBC...
Does make you kinda proud that none of our banks went under and are recording a profit.
TD Economics senior vice-president Don Drummond notes that this rise is mainly on how much other banks are falling, rather than serious growth of Canada’s banks.
In other words, we are not getting bigger, they are getting smaller.
The banks' big brass kicked, screamed but eventually complied (as if they had a choice).
This is one of the reasons our banking system is so strong.
TD Economics senior vice-president Don Drummond notes that this rise is mainly on how much other banks are falling, rather than serious growth of Canada’s banks.
In other words, we are not getting bigger, they are getting smaller.
Don't put a negative spin on this.
We are not getting smaller, or at least not as much, which is a good thing in this context.