1. Situation: You and your team members are researchers at a brokerage firm in Toronto. You have been tasked with analyzing the banking sector in Canada and to prepare a document to send to clients about the three top-performing banks that you would recommend that clients hold in their portfolios and why.

2. Specifically, management has asked you to review the performance of the big six banks in Canada.

3. You are then recommending which three banks you would recommend being held in client accounts for that part of their overall portfolio that would be invested in the Canadian banking sector.

4. Explain your reasoning and rationale for your recommendations.

5. Assume that each client has $100,000 to invest in the banking sector and that their time horizon is five years and that Canadian banks adhere to the risk tolerance limits of each client.

6. References