Bank merger mania continued in April. CIBC chair Al Flood said that, together, his bank and TD would be big enough to take on the world. That merger, along with a proposed Royal Bank and Bank of Montreal merger, was eventually scuttled by the federal Liberal government.

Date: 1998-04-17
Placeline: TORONTO, Ontario.
Source: The Canadian Press
Length: 13 seconds

Transcript Prediction: << our combined bank will have the financial and investment leverage go help Canada become a player in a rapidly growing new markets such as electronic Commerce wealth and investment management and discount brokerage >>

Earbank_1998-04-17_CIBC-TD_3426