Nearly three-quarters of us think our banks are safe and sound — says a survey out today by the banks.
Seventy-two per cent of Canadians believe that Canada’s banks have performed better than other banks around the world, according to the results of a recent survey by The Strategic Counsel for the Canadian Bankers Association released today. In addition, 77 per cent of Canadians describe Canada’s banks as more secure and stable than other banks around the world. The Strategic Counsel survey was conducted between November 4 and November 9, 2008.
In other bank news today, Canada's Privacy Commissioner issues this release:
Close to half a million people will likely never know whether their personal information was compromised in a data breach at the Canadian Imperial Bank of Commerce (CIBC), according to the Office of the Privacy Commissioner of Canada. The Commissioner began investigating after the bank informed her about the disappearance of a hard drive containing the personal information and financial data of some 470,000 clients of Talvest Mutual Funds, which were at that time a family of CIBC Mutual Funds.