The Canadian banking sector gets put on review for a downgrade by Moody's. "These firms face...
The Canadian banking sector gets put on review for a downgrade by Moody's. "These firms face challenges not fully captured in their current ratings ... high consumer debt levels, elevated housing prices, macroeconomic risks, capital markets activities." The agencies get rapped for being behind the curve, but a review of the universally-loved Canadian banks is anything but that. Included: BMO, BNS, CM, TD.
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