Canadian Banks Climb Ranks as US Banks Fall

Bloomberg, Sean B. Pasternak and Doug Alexander, 16 March 2009Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia and Bank of Montreal pushed deeper into the ranks of North America’s 10 biggest banks after U.S. counterparts stumbled or disappeared in the past year.Royal Bank, Canada’s biggest bank by assets, is now seventh- largest in North America after tripling assets in the past