Go to the Globe and Mail homepage

Jump to main navigationJump to main content

The outside of a TD Bank branch is seen in New York January 17, 2012. (SHANNON STAPLETON/REUTERS)
The outside of a TD Bank branch is seen in New York January 17, 2012. (SHANNON STAPLETON/REUTERS)

Research Report

Why TD is the bank most likely to benefit from rising interest rates Add to ...

Globe editors have posted this research report with permission of National Bank Financial. This should not be construed as an endorsement of the report’s recommendations. For more on The Globe’s disclaimers please read here. The following text is excerpted from the report:

In this research note, we attempt to differentiate the large-cap, Canadian financial services companies from each other by analyzing their sensitivities to changes in the value of the U.S. dollar and to changes in long-term interest rates.

More Related to this Story

We conclude that TD appears to be the Canadian financial services company best geared to a scenario of rising interest rates and a rising U.S. dollar.

Sun Life and Manulife would also be good buys if one sought to take a position on a strengthening economic environment in the United States.

We also concluded that banks are generally much more sensitive to a rising interest rate environment than life insurers.


Read the full report here.

Follow us on Twitter: @GlobeInvestor

 

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories