A ranking based on the analysis of total assets and long-term credit quality ratings from Moody's Investor Service, Standard & Poor's, and Fitch, shows that out of the 500 largest banks in the world, Canadian banks are among the safest.
Source: Global Finance: World’s 50 Safest Banks, European Central Bank, Eurostat.
If clicking on the image to enlarge is not an option for you, here are the Canadian rankings: 10. Royal Bank, 14. Toronto Dominion, 23. Scotiabank, 32. Bank of Montreal, 42. CIBC. Top spot went to Germany's KfW.
MiB: Ed Yardeni on the Roaring 20s
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This week, we speak with Dr. Ed Yardeni, President of Yardeni Research, a
provider of global investment strategies and asset-allocation analyses and
re...
8 hours ago
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