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Financial Post: Canada’s banking giants stand to gain as global heavyweights face downsizing


Blog by Brad Herman | February 12th, 2013


It wasn’t too long ago that Canada’s largest banks pined for membership in the exclusive and powerful club of the world’s largest financial giants. Now that the 2008 financial meltdown is transforming megabanks from once-mighty emblems of national pride to international pariahs, they could well end up becoming fixtures among their global peers.
http://business.financialpost.com/2013/02/11/canadas-banking-giants-stand-to-gain-as-global-megabanks-cut-down-to-size/