TD CEO Masrani brushes aside bearish calls on Canadian banks
TD Bank CEO Bharat Masrani touted his company's lending practices in the face of recent calls against the Big Six banks. He said at this point in the cycle some normalization is expected, and that he doesn't expect TD to be a "negative outlier" if a major slowdown does occur. Jeff Hull, senior financial advisor at Manulife Securities Inc. and BNN Bloomberg's Paul Bagnell discuss Masrani’s comments.