Even with reforms, performance, vesting and deferral periods are still too short to cover credit cycles and potential tail risks
High consumer debt levels and an overheated housing market pose risks
Domestic systemically important banks (D-SIBs) must fully implement the new leverage ratio disclosures starting with their reporting for the first quarter of 2015
Move reflects lack of strong growth in some foreign operations
Canada’s banks preparing for slower growth: analyst
Firms are expected to implement the new guidance by May 1
One risk: as competition for advisors and wealthier clients heats up, profitability may be marginalized
Bank charter would help grow and diversify deposit base, CEO says
Systemically important banks should hold double the capital of smaller banks
30 banks considered the most systemically important globally