Impacts of tighter financial conditions, banking stress evident in Q1
U.S., U.K., Swiss regulators take action over risk management, governance weaknesses
DBRS affirms ratings on UBS, Credit Suisse, but outlook is negative
Sector's competition, regulation and risk will all be transformed, Fitch says
FINRA fined the firm for long-standing compliance issues
SEC sanctions firms for pervasive record-keeping violations
Firms didn't have adequate programs for spotting red flags
The US$8.1-million settlement will be distributed to harmed investors
Stable income, rising wealth a bright spot for big global investment firms
New winners and losers could change capital allocation decisions