Canadian Banks Are Northern Lights
I read an interesting article the other day on the strength of Canadian financial institutions. Canada's banks dominate the rankings of the world's strongest banks. The weakness in U.S. housing and banking markets allowed our neighbors to the north to pick up assets on the cheap, and they are now starting to use the European crisis to acquire strategic assets at bargain prices over there.
Canadian banks have strong capital levels, a conservative lending culture and strict regulatory oversight. They also have two other traits that are sorely lacking in financial stocks in the U.S.: dividend yield and dividend growth. Here are three Canadian banks income orientated investors should considered for investment....393 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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