主题：茗谈(六十一)：年货 -- 本嘉明

biggest weakness. It is well-known for leaking client's private info.

And the corporate culture is very mean to its retail branch staff--which results in much higher turnover rate in that industry.

CIBC's main strength is its capital market (trading, underwriting) segement: it imitates American IBs closely, therefore, it suffered first among all Canadian banks.

Scotia focus too much on international business. TD is the best managed one, esp., in retail banking, but is weaker in capital market. RBC is as good as TD, but focuses on corporate clients and capital market segment.

BMO is a joke.

National Bank is not even a Canadian bank, it is a pet project of those Quebecois nationalists with clear political incentive for enriching French Quebec only. But its retail and commercial banking are excellent. It is shredding its own limited investment banking operation.