Shareholders love the RBC deal, but Canada needs innovative solutions to banking: portfolio manager

Grant White, portfolio manager and investment advisor, iA Private Wealth, says the RBC acquisition of HSBC means the rich get richer, but the government should be igniting new, innovative solutions to the banking sector that could be highly beneficial for Canadians. White says as for bank stocks, don't expect massive gains in 2024. He says look at other places for real growth. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.