The proposed changes would apply to federally regulated banks that use internal ratings-based approach to credit risk
The proposed legislation would expand the powers of the Canada Deposit Insurance Corp. to allow it to temporarily control failing bank
Canada would forgo any gains, and experience additional modest losses from not ratifying the TPP
The rating agency proposes to assign ratings to banks in Europe, the U.S., Hong Kong, New Zealand and Switzerland
Reducing banks’ reliance on internal models could boost public confidence in regulatory capital ratios
The report sets out best practices for banks to independently validate their models
Spanish banks have one of the highest percentages of forborne loans
The boost the likelihood of auto loan defaults and default losses, Moody’s warns
The proposed revisions would introduce a single, standard that methodology that would make calculations more comparable
Low oil prices could test the creditworthiness of some banks