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Luke Tyszkiewicz (stillsinflux on Flickr) uploaded this photo of the Toronto skyline to our pool. See more of his photos at lucasimages.ca
Luke Tyszkiewicz (stillsinflux on Flickr) uploaded this photo of the Toronto skyline to our pool. See more of his photos at lucasimages.ca
(Luke Tyszkiewicz)

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London falls, Canada leaps in global investment banking

China is growing, London remains crucial as a global financial centre, but the real money in investment banking lately is in Canada.

For the first time since Thomson Reuters began tracking fees in 2000, Canadian deals produced more investment banking fees than those in any country save the United States last year. Canada jumped to the No. 2 spot globally in 2012 from No. 4, according to Thomson Reuters, leapfrogging much bigger countries.