Buy custom How NAFTA has affected the financial service industries in the United States, Canada, and Mexico
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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1475 |
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They also purchased U.S. investment banks Dain Rauscher and Tucker Anthony Sutro for a combined $2 billion. Most recently, the Royal bank bought Barclay's and its $2.9 billion of private banking assets in the U.S. and Mexico. The Bank of Montreal is also buying U.S. assets. This financial services company recently acquired CFBdirect and Morgan Stanley's online-only accounts and placed them under its HarrisDirect brand...
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and Mexico. The Bank of Montreal is also buying U.S. assets. This financial services company recently acquired CFBdirect and Morgan Stanley's online-only accounts and placed them under its HarrisDirect brand.
Canada's major financial institutions are also getting involved in the Mexican market. The Bank of Montreal owns 16 percent of Mexico's largest bank, Grupo Financiero Bancomer, and Scotia bank owns 8 percent of Grupo Inverlat as well as maintains effective managing control...
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