Pandemic-era deposits intact, likely to persist amid diminished confidence
Bankers' Acceptances, which represent 20% of money market, expected to disappear in 2024
Canadian equity issuance dropped sharply in 2022, and debt down too
As capital markets froze, M&A dried up and bank revenues dropped
Most firms to resist raising prices despite inflation and input cost challenges
The Competition Bureau launched an inquiry following a complaint against the bank
Equity market activity and corporate debt issuance tumble in first nine months of 2022
Declines in underwriting, M&A drive 32% drop in fees, Refinitiv reports
Debt underwriting down too, led by a plunge in high-yield offerings
BMO, RBC: broad commodity price decline points to easing inflationary pressure