Canada’s banking system ranks first
October 17th, 2008
The world’s finest banking system is in Canada, tightly followed by Sweden, Luxemburg and Australia. This was revealed by a survey of the World Economic Forum as the world market was bewildered by financial crisis.
But Britain, which used to be included in the top five, has declined to 44th behind EI Salvador and Peru, after its government pledged 50 billion pound into the market to inspire bank balance sheets.
While some of the biggest financial names on Wall Street have Read more…
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