An EY analysis finds the country trailing peers in terms of regulatory environment and adoption potential
Lending could be curbed since defaults could increase
Overall satisfaction with Canadian banks has fallen, however
The increase in negative outlooks follows revisions in Italy and Latin America
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