Similar cases remain outstanding against the other big banks
The finance minister approved the transaction, with conditions
Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says
Revenues were down slightly in Q4, while expenses and loan provisions were up
Deal is good for Canada, CEO says
Outlook shifts to neutral as banks adapt to higher rate environment
The FSB's annual list of banks that require extra capital and oversight shrank by one
Initiative received 42% support from RBC shareholders at latest AGM, and 37% from BMO shareholders
Accounting for internal software development violated securities rules
Finance also announced measures to tackle bank fees and mortgage relief