Canadian Big Banks Beats And Misses

Mar. 15, 2023 2:16 PM ET, , , , , , 1 Comment
TD Wealth
4.99K Followers

Summary

  • Systemic risk from SVB collapse.
  • Sold Q1 performance by Canadian banks. But will it last?
  • Despite rising rates, mortgage default rates still holding in Canada.

Glass and steel bank corporate building

olaser

Canada

All but one of the Canadian big banks beat street estimates in Q1. Kim Parlee speaks with Mario Mendonca, Managing Director, TD Cowen, about the outlook for the Canadian financial sector as the economy slows, and any potential impact from the Silicon Valley

This article was written by

4.99K Followers
TD Wealth is an integral part of the TD Bank Group, which has approximately 24 million customers worldwide, 85,000 employees and CDN $1 trillion in assets on April 30, 2015. In Canada, TD Wealth services customers through: · TD Direct Investing which provides clients access to the information, tools and support that empower them to invest for themselves with confidence. · TD Wealth Private Client Group, which provides discretionary wealth management for high net worth clients and businesses. · TD Wealth Private Investment Advice provides full service brokerage for investors who want a high level of tailored advice and solutions. · TD Wealth Financial Planning develops and implements a financial plan for individual clients. At TD Wealth, whether you invest yourself or benefit from the knowledge provided by your advisor, you gain access to some of the industry's most highly regarded investment analysts, economists and market strategists.

Recommended For You

Related Stocks

SymbolLast Price% Chg
EWC--
iShares MSCI Canada ETF
HEWC--
iShares Currency Hedged MSCI Canada ETF
FLCA--
Franklin FTSE Canada ETF
BBCA--
JPMorgan BetaBuilders Canada ETF
BMO--
Bank of Montreal

Related Analysis