U.S. Banks' Biggest Foreign Hazard? It Could Be Canada.

The article discusses the likely implications of a downturn in Canada's economy on U.S. banks. Topics covered include the economic issues confronting China and the emerging markets, the contraction of Canada's gross domestic product due to low oil prices, the declaration of the country's statistics bureau about the start of a recession, and the exposure of U.S. banks JPMorgan Chase, Bank of America, Citigroup and Wells Fargo on Canadian risk.