Saturday, April 1, 2006
Cdn Banks and $20 Billion Excess Capital
Financial Post, Duncan Mavin ,1 April 2006Canada's big banks have a ton of cash. So much so that their investors and the analysts who cover the industry want the banks to do something with all that liquid wealth. Merge with someone. Buy something else. Just don't let all that cash sit there.It's a hell of a problem to have.Mergers have been top of the must-do list for bank executives for much of
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