Banks commercial loan portfolios are well diversified, and they have strong underlying earnings
Economic fundamentals and a rising interest rate environment on both sides of the border may be poised to offset the impact of slowing mortgage lending growth
Ratings and outlooks on systemically important banks unchanged
Capital ratios have substantially increased since 2016, which protects them from increased mortgage losses
Amendments will permit regulated non-bank institutions to use “generic bank terms”
The deal for Banco Dominicano del Progreso will double Scotiabank’s customer base in the country
The voluntary agreement will have a relatively larger effect on RBC
Laggard banks will likely face increased competition
Scotiabank’s recent acquistions were a complimentary fit
TD, CIBC and Visa take part in $2.25 billion offer to Aimia