Amid growing challenges, Canadian banks still well positioned to absorb headwinds
In December, OSFI raised banks' capital requirements by half a percentage point
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
Wealth management profit was up by 24% on higher interest rates
A key question for analysts will be how much banks are profiting from their loans
The fall is already in swing, with a variety of moves and announcements
A full-point rate hike isn't out of the question next week, NBF says
Rising credit provisions and weak markets weighed on Q3 profits
The bank's wealth management business earned $181 million, up 10% from $164 million a year ago