The global bank and mortgage lender HSBC says that it sees Canada as a priority market. Speaking to Bloomberg the lender’s CEO in Canada Sandra Stuart noted that revenues have been hit here due to economic conditions but it is still in the top 5 of profit-makers for the bank, which operates in 72 countries. It does not seem that it plans to push for a large cut of the residential mortgage market though with commercial activity and investment banking its focus.
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