Why the big banks need to get bigger

Article Abstract:

Royal Bank earned $1.43 billion in profits in 1996, and its acquisition of London Insurance Group makes it Canada's second-largest private employer. However, it ranks only 60th worldwide. Regulators should allow Royal and other Canadian banks to grow, in order to stay competitive globally.

Banking industry, Canada, Mergers, acquisitions and divestments, Insurance industry, International business enterprises, Multinational corporations, Economic policy, Market share, London Insurance Group Inc., Royal Bank and Trust Co.

---

A fond farewell to 'Rob' Davies

Article Abstract:

Davies, who died in Dec 1995, was the author of more than 30 books and was a founding master of the University of Toronto's Massey College. He often tried to capture in his books the spiritual tension that exists in Canada between Northern mysticism and banker-conservatism.

Obituary, Authors, Canadian, Canadian writers, Davies, Robertson

---

The best Valentine: a high-tech heart

Article Abstract:

The invention of an artificial heart may give birth to a new Canadian industry. The HeartSaver device is implanted next to the patient's diseased heart. Investor Rod Bryden's World Heart Corp. will market the Canadian invention.

Electromedical and Electrotherapeutic Apparatus Manufacturing, Electromedical equipment, Electric-Driven Artificial Hearts, Innovations, Investments, Heart, Artificial, Artificial heart, Bryden, Rod

Similar abstracts:

• Abstracts: Fresh air, big bucks - but is golf a sport? The quiet Texan in the Jays dugout
• Abstracts: 'My mind began to wake up'. The body electric. How do you feel now?
• Abstracts: Star of the sitcoms: as Friends leads the gen-X TV invasion, Canadian Matthew Perry is riding high. part 2 The most famous Canadian on the planet?
• Abstracts: The world as your oyster: how to eat well anywhere you go. Turn-of-the-century treasures. Don't call it cognac; but some of the finest comes from a small maker in California
• Abstracts: Plugging in to profits: big business races to cash in on the Internet. A licence to lose money: to the annoyance of longtime Web users, publishers are starting to charge for on-line information

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.