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In a Dramatic Clash at the World Economic Forum, Sterling Financial’s CEO Calls Canadian Banks ‘Unsophisticated,’ But Mark Carney’s Powerful Eight-Minute Rebuttal Leaves the Audience in Awe and Redefines Financial Sophistication Amid a Global Crisis—Discover How His Insightful Defense Not Only Silenced Critics but Also Sparked a Revolutionary Dialogue on Stability, Resilience, and the True Measure of Banking Success in Turbulent Times!

24 December 2025

In a stunning confrontation at the World Economic Forum, Richard Thornton, CEO of Sterling Financial Group, labeled Canadian banks as “unsophisticated,” igniting a fierce response from Mark Carney, Governor of the Bank of Canada.…