RE:RE:RE:Rating update copied from TDWBDI ;>OAgree RayD, CDN banks while not bomb proof are one of the safest bets in stocks that pay good Divvys.
I do see some head winds coming with RY taking the #1 spot in Fossil Fuel lending which is shining a light on all of us at the moment, I know BNS is participating at around #9 in world but we dont need that kind of attention right now, not to mention the fallout that will come once the HSBC deal closes and they likely will find all the questionable dealings HSBC was involved in, which they missed doing the due diligence.. Interesting yr ahead for Banking sector. GLTA
Royal Bank the No. 1 financier of fossil fuel development in the world, new report finds. A report from a coalition of environmental groups shows that Royal Bank of Canada was the biggest fossil fuel financier in the world last year after providing over $42 billion US in funding.