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‘I’m not worried’: TD CEO shrugs off bearish calls on Canada’s banks

07 Apr 2019 13:28 | Paul Mann (Administrator)

The chief executive officer of Toronto-Dominion Bank is dismissing the bear case against Canada's big banks.

In an interview with BNN Bloomberg, Bharat Masrani brushed off fears this country's lenders could be dragged down by a looming wave of losses in their loan books.

"We are not sensing it. You know, this credit environment has been extraordinarily benign," he told Amanda Lang. "Having been in the risk business many years ago, I'll say it is remarkable."

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