Uncertainty about the penalties these major international banks could face continues to impact their capital management, new Fitch report suggests
Political uncertainty, regulatory changes, and country-specific event risks are likely to pressure banks globally in 2017
Havlin, who has held executive roles with Scotiabank and National Bank, replaces Charles Lambert
Canadian banking customers are not being properly serviced through non-branch interactions
Bank credit downgrades outnumbered upgrades for in the second half of 2016 for the fifth consecutive period, Fitch reports
Meanwhile, TD is among 13 firms that will still be subject to the qualitative evaluation of its capital planning
Canadian banks are at the forefront of the global drive to use artificial intelligence in both client-facing and back-office operations
Although earnings were higher in Q4 compared with a year earlier, they were down from Q3
The deal, which has already received shareholder approval, will close on Tuesday
Synthetic stock positions can be a useful way to invest in U.S. banks without taking on all the risks of unfavourable exchange rates and Canadian tax exposure