Which banks are overleveraged again?

Canadian banks have a surprisingly high percentage of loans as assets, reveals a Wired magazine infographic.

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TD and ScotiaBank both have more than 50% of their assets in loans as of July 2013. The infographic shows that Royal Bank and BMO aren’t far behind.

Wired illustrates how few banks are in the clear when it comes to keeping leveraged assets at a minimum. In fact, only six banks have less than 20% of assets in loans, while others have as much as 77%.

See more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.