Bank of Montreal Chief Executive Officer Darryl White says he still favours the U.S. for expansion over China, even with some of the world’s biggest lenders clamouring to expand in Asia’s biggest economy.
China’s signal last year that it’s opening up its US$40-trillion financial market has large U.S. banks including JPMorgan Chase & Co., Goldman Sachs Group Inc. and Morgan Stanley rushing in. Canada’s fourth-biggest bank has been active in China for decades, with a banking licence, wealth management and capital markets services.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of Japan raises growth forecast, but won’t scale back stimulusThe central bank signaled an expected domestic boost from a government fiscal spending package and Governor Haruhiko Kuroda, citing the U.S.-China Phase 1 trade deal, said overseas risks have subsided somewhat
Source: globeandmail - 🏆 5. / 92 Read more »
China steps up efforts to control coronavirus outbreak after fourth deathHeightened precautions were being taken in China and elsewhere Tuesday as governments strove to control the outbreak of a novel coronavirus that threatens to grow during the Lunar New Year travel rush.
Source: CTVNews - 🏆 1. / 99 Read more »
Globe editorial: Canada is facing China’s brutal might and our main ally – the U.S. – is AWOLWashington had every reason to expect that Canada would honour an extradition request. But Ottawa had every reason to expect the U.S. to stand up against an attack on an ally. Washington’s abdication has left Canada high and dry. Befriend your enemies.. Used to be our main ally maybe had something to do with our drama boy insulting their leader at a public event, on camera.
Source: globeandmail - 🏆 5. / 92 Read more »
New SARS-Like Virus Can Be Spread Human-To-Human: Top Chinese ExpertAirports in the U.S. and Asia are screening air travellers from central China
Source: HuffPostCanada - 🏆 61. / 53 Read more »
U.S. Treasury Secretary says Phase 2 trade deal with China may not remove all tariffsSteven Mnuchin also warned that Italy and Britain will face U.S. tariffs if they proceed with a tax on digital companies like Alphabet Inc’s Google and Facebook Inc, the Wall Street Journal said globebusiness The phase 2 deal is crap. You should read it!
Source: globeandmail - 🏆 5. / 92 Read more »