An Update on US Regional Banks

With the recent volatility in the US regional banks and the collapse of Silicon Valley Bank,  please click here for an update on the quickly evolving situation and its potential impacts.

From a Canadian perspective, we feel there will be no negative implications for our banks, and this crisis should be viewed as further confirmation of the strength of the Canadian banking model. 

We were underweight equities leading into the weekend and had no exposure to US regional bank stocks.

Our team is closely monitoring the markets and your portfolios as events continue in the world markets. If you have any questions or wish to discuss, please remember we are always here for you.