Blame Canada: Why U.S. Banks Aren't The Best Bet To Buy GE Capital |
| April 16, 2015 | April 2015 Bond Updates |
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General Electric's planned divestiture of its financial services arm GE Capital could be an opportunity for Canadian banks to expand in the U.S. and further diversify from their local market, which is facing headwinds ranging from a falling currency and slowing economic growth, to concerns over a real estate bubble amid a sharp drop in commodity prices. |
| View more at: http://www.forbes.com/sites/antoinegara/2015/04/15/blame-canada-us-banks-ge-capital-jeff-immelt-td-bank/ |
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