Banks well-armed for uncertain economy: DBRS
Profits likely to remain under pressure in 2021, but capital and liquidity are strong
- By: James Langton
- January 15, 2021 January 15, 2021
- 12:37
December sales were up 47.2% compared with a year earlier
They fell for a third straight month amid a surge in virus cases
New all-time highs for sustainable debt, equity issuance
Consumer spending at year-end returned to springtime lows
After slumping last year, payouts expected to grow 6.5% in 2021
The yield on the 10-year Treasury briefly hit 1.18% earlier this week
Jobless claims reach highest levels since August
The government's shortfall is a record-breaking $572.9B
TD Economics explains why the drop in business insolvencies isn't good news
The increase was the largest in four months
The regulator's initiative will push banks to address rising ESG risks, says a new report
The U.S. is expected to achieve herd immunity by May, but global immunity won't be seen until 2023
RBC leads debt markets, BMO tops equity league tables
The Conference Board of Canada forecasts GDP growth and outlines the challenges ahead
Layoffs soared by 17.6% in November, driven by job cuts at restaurants, bars and hotels
Use of unconventional tools will dictate its policy performance in crisis
Record trading volumes to drive earnings for options markets
Rising supply and demand for transactions could boost deal activity
A poll finds financial resiliency has carried over to housing market
Banks are monitoring the economic recovery as they develop strategies for their branches
Most businesses don't expect the positive impacts of vaccinations to materialize until later this year
A report looks at whether this is the end of the current cycle or the start of a new one
Newly released transcripts show that many Federal Reserve officials had concerns at the time