Chief executives at Canada’s largest banks are voicing cautious optimism about their prospects for growth in the U.S. under a Donald Trump presidency, but are waiting for clearer signals from the incoming administration.
Promises of deregulation, large-scale infrastructure spending and rising interest rates have driven a sharp run-up in bank stocks, and Canadian bank executives have eagerly anticipated a friendlier U.S. environment.Report Typo/Error
- Canadian Imperial Bank of Commerce$107.57+0.33(+0.31%)
- Canadian Imperial Bank of Commerce$86.53+1.10(+1.29%)
- Royal Bank of Canada$92.77-0.45(-0.48%)
- Royal Bank of Canada$74.62+0.39(+0.53%)
- Toronto-Dominion Bank$64.07-0.16(-0.25%)
- Toronto-Dominion Bank$51.52+0.38(+0.74%)
- Bank of Montreal$94.19-0.63(-0.66%)
- Bank of Montreal$75.71+0.20(+0.26%)
- Updated July 28 4:00 PM EDT. Delayed by at least 15 minutes.