Clients tend to prefer staying with their existing bank, report finds
Banking regulator hopes future changes to the buffer will be seen as normal
Systemic risks as a whole still remain moderate
Technological disruption is likely to erode the big banks’ profitability in certain areas
Private banking and full-service brokerage unite
Fitch will be lowering its support ratings and support rating floors for banks in the first quarter as support for a failing bank no longer is certain
OSFI is currently considering whether to increase the limit on covered bonds, which have become an important source of funding for the big banks’ uninsured mortgages
Canada’s banks remain vulnerable to various factors, but are positioned adequately from a capital perspective, Fitch reports
Rating impacts will depend on how banks respond to their different regulatory environments
The proposed rules will improve the accuracy of measuring banks’ exposures and lead to better decision making