Senior employees used WhatsApp for business communications, regulators find
FCAC charged with selecting single, external complaints body
Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders
Revenue growth across major business segments was outpaced by rising costs
Professional advice, financial plan provide significant confidence boost
Net income for global wealth management was down 7% from the previous year
Amid growing challenges, Canadian banks still well positioned to absorb headwinds
Canadian equity issuance dropped sharply in 2022, and debt down too
Lagging effects of higher rates to impact banks' bottom lines this year
Higher net interest income may be the only bright spot for Canadian banks in 2023