More NewsDomestic Players Dominate Investment Banking In Canada

Domestic Players Dominate Investment Banking In Canada

Canadian banks have moved well ahead of the US investment banks that once consistently challenged them for investment banking business on their home turf, according to a study by Greenwich Associates. While US investment banks remain firmly entrenched atop the league tables in businesses like cross-border mergers and acquisitions, Canadian firms are dominating their domestic market, in part due to a retrenchment by their south-of-the-border competitors, said the report. Greenwich research revealed that the strong showing of the Canadians is in part due to their willingness to lend money to domestic companies, and to client perceptions that the Canadian investment banks have sharply increased their own investment-banking prowess. ‘Qualitatively as well as quantitatively, they are as a group separating themselves from most if not all of the U.S. firms,’ said Greenwich Associates consultant Jay Bennett.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

4m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

5m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

5m Mateo Graziosi