The move is expected to provide annual savings of $200 million in fiscal 2020
Competition from non-banks will cut into margins, a report says
Sectoral buffer could be used to address a bank's exposure to specific risks
Profit amounted to $1.73 per diluted share for the quarter
RBC is the only other Canadian bank on the list
Tech giants such as Google and Amazon may present a greater threat to banks than fintech
A new report warns of data privacy and cybersecurity concerns
Mechanism to be implemented by end of 2020
Preparations to avoid taxpayer bailouts still need work: report
New facility would provide loans to a financial firm facing exceptional liquidity stress