Stumbled badly last week when they were implicated in aggressive sales tactics. He wouldn’t be surprised to see this situation roll out to the other banks as well. You have to look at the different business lines the banks are in. This has had a huge capital outlay initiating their position in the US market, that can have a long time to pay back to the current shareholders in Canada. He prefers Bank of Nova Scotia (BNS-T), Royal Bank (RY-T) and Bank of Commerce (CM-T).