I am searching for a relative for a large international bank that is very well capitalized and does not have any exposure to mortgages, collateralized debt obligations, or derivatives. Any recommendations are appreciated.
International Bank With No Mortgage, CDO, or Derivative Exposures?
Oct 27, 2008
1 Replies
The six major Canadian banks are sound and have been largely unaffected by the credit problems in the USA. They do have exposure to mortgages, but for the most part not subprime mortgages.
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