Canada's top six lenders have ample liquidity and manageable credit risks which will help them to emerge largely unscathed from the crisis of confidence that has rocked the global banks over the last two weeks, analysts said on Monday.
- account for about 80% of Canada's banking assets and have avoided scandals or failures that have plagued banks their European and U.S. peers.
have expanded into the United States by buying regional lenders to benefit from strong growth in second-tier U.S. cities. By Monday late morning, TD shares rose 0.2% and First Horizon was up 3% at $15.28 -- still 38% lower than TD's offer price.
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