Business & Economics News

[isaidso]

There should be a general Canadian thread for business and economics news. I couldn't find one so decided to start one. Hopefully this peak into how our banks stack up will get things off to a good start.


2019 Largest Banks based in America by Assets (Billions USD)


1. JPMorgan Chase: $2,622.53
2. Bank of America: $2,354.51
3. Citigroup.: $1,917.38
4. Wells Fargo: $1,895.88
5. Royal Bank of Canada: $1,039.24
6. Toronto-Dominion Bank: $1,006.00
7. Goldman Sachs: $931.80
8. Morgan Stanley: $853.53
9. Scotiabank: $785.44
10. Bank of Montreal: $613.56
11. Canadian Imperial Bank of Commerce: $467.55
12. U.S. Bancorp: $467.37
13. Truist Financial: $441.24
14. Banco Itaú: $401.10
15. PNC Financial: $382.32


Canada
Brazil
United States

[WhipperSnapper]

I couldn't care less how they stack up in the Americas. They care about our money and the Canadian charter. They treat us Canadians, employee, client like crap and we accept it. We accept it more than any other other protected institution over pride and patriotism from lists like this. We should be angry and demanding action for the number of jobs that have shifted overseas and for the career employees being packaged out to be replaced by cheaper contract workers. It's strictly business for them and that's the only way we should look at it.

LOL. They couldn't be bothered to give us a few landmark head offices in Canada while they go all out and anchor a tower like One Vanderbilt in New York City.

[Truenorth00]

They have grown large, mostly because of their foreign operations. Has very little to do with their Canadian market.