RBC’s highest share of the domestic SME market is down from 2000, whereas Scotiabank, which is a close second, saw its market share rise dramatically in that time
FSB publishes guidance, progress report on resolution planning
The delay will allow banks to focus on implementing certain new accounting standards first
Overall satisfaction with Canada’s banks is improving as customers have become more accepting of increased fees incurred during the past two years
Federal regulator releases overview of consultation findings
Clients can meet with individual advisors or take advantage of a variety of interactive financial tools, services or classes available at the Scotiabank Solutions branch
The rating agency expects a “modest deterioration” in the banks’ asset quality over the next 12 to 18 months
Banks are holding more capital and paying out less in dividends, relative to pre-crisis levels
In a worst-case scenario, the credit rating agency estimates that the banking system could face losses of almost $18 billion
The committee evaluated the G-SIB and D-SIB frameworks in the United States, Europe, Japan, China and Switzerland