The six largest Canadian banks are facing operational challenges of higher funding costs, slowing loan demand, credit risks from cards, mortgages to commercial loans, and CRE. Still, their balance sheets and capital are among the strongest globally. Domestic banks hold up relatively well compared to other developed market peers.
How are Canadian banks coping with the situation? What made them stand out from peers?
Join us for an in-person luncheon event on Thursday, June 29, 2023 at the Manitoba Club. Guest speakers from Bloomberg Intelligence will discusses various topics around Canadian Banks where you can expect to walk away with valuable insights from Bloomberg’s experts; Paul Gulberg, CFA – Senior Banks Equity Analyst, Gillian Wolff, CFA – Canada Equity Strategist, Himanshu Bakshi – Banks Credit Analyst.
Paul Gulberg is a sector head for the North American Financials and specializes in banks, asset managers, asset servicers and exchanges. Prior to joining Bloomberg Intelligence, Mr. Gulberg was an equity analyst for Portales Partners, spent several years working as an associate portfolio manager for AllianceBernstein, as well as a fixed income analyst for Infroma Global Markets. He is a CFA Charterholder.
Gillian Wolff is a senior associate analyst providing global equity strategy insights with a specialty in Canadian equity markets. Gillian supports the broader global equity franchise which consists of US, emerging markets, and European equity strategists. Prior to Bloomberg Intelligence Gillian worked as an investment strategist at J.P. Morgan Asset Management. She is a CFA Charterholder.
Himanshu Bakshi is a credit analyst for global banks at Bloomberg Intelligence. Prior to Bloomberg, Himanshu worked as an analyst at Deutsche Bank, Morgan Stanley and Horizon Asset Management in New York. Himanshu holds an MBA in Finance a bachelor’s degree in engineering.