Should We Be Worried About Canada’s Banks Getting Too Big
Description: Recent announcement by Bank of Nova Scotia’s chief executive Rick Waugh to purchase the Canadian assets of ING Groep NV for $3.13-billion, raises an interesting dilemma. This will be Scotia’s biggest acquisition. It will increase its customer base by nearly 2 million. However, by acquiring assets of a bank (Amsterdam-based ING) troubled by the … Continue reading Should We Be Worried About Canada’s Banks Getting Too Big
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