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
New appointments at National Bank of Canada, Foresters Financial and Sagicor
Denis Girouard will step in for Martin Gagnon until a successor is named
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