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/biz/ - Business & Finance

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54056234 No.54056234 [Reply] [Original]

Which are the safest and riskiest Canadian banks?

>> No.54056291
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54056291

TD is the riskiest because its most exposed to the US. After that BNS because of its latin america exposure.

All Canadian assets are practically risk free due to regulations (mortgages are guaranteed by the government).

>> No.54056345

>>54056291
Are there any risks of bail-in in Canadian banks if things got so bad that even they went under?

>> No.54056393

>>54056291
To me TD would seem like one of the bigger banks with less chance to fail, specifically because of their US operations.

>> No.54056419

>>54056345
Theyre probably least likely to go under (the current bank run is on 2nd tier banks, canadian banking industry is heavily regulated and almost everyone banks at one of the big5)

and even if they do they're guaranteed to be bailed out because theyre systemically important

>> No.54056441

>>54056393
US operations are the biggest risk for Canadian banks with everything going on with SVB, although theyre huge players in canada theyre smaller in the US and clients who arent as aware of their financial situation may pull out like they would with a regional bank

>> No.54056453
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54056453

>>54056419
Well, that's good to know. I wonder if the current shit show will get out of hand or if they'll mange to nothingburger it.

>> No.54056515

>>54056234
comfy rain