Strengthening balance sheets in the financial sector is the precondition for restoring financial stability and scaling back public sector involvement
Extra time will provide supervisors with additional flexibility
BIS reports banks particularly exposed to Greece, Ireland, Portugal and Spain
Proposal for loans would cut shareholder’s equity
Bank status would increase lender’s access to funding
Canadian institutions are in stronger shape than most others around the world: panel
Core bank earnings expected to show slow, steady improvement
Canada’s five biggest banks rake in $5.01 billion profit in second quarter
Profits weak at some large financial institutions receiving government support
They won’t be making any major U.S. acquisitions until revisions to global banking regulations are complete