By Julie PhaneufIn Canada, the Royal Bank of Canada
(RBC), the Toronto-Dominion Canada Trust (TD), the Scotia bank, the bank of
Montreal (BMO) and the Canadian Imperial Bank of Commerce (CIBC) dominate the
region. The banks compete against each other to obtain the greatest volume of
managed funds in order to gain the first position in the top five banks, using
every marketing strategy available. RBC and TD are two ferocious competitors
currently ranking first (RBC) and second (TD) in the top five. However, because
their focus is on the quality of their products and offers, the Royal bank will
certainly remain in the first position.
Image source: Flickr
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