Changes to capital adequacy requirements, compensation and ways of dealing with major bank failures are at the top of the list
Don’t expect a repeat of last year’s dramatic rise in Canadian bank stocks, money managers say; growth will be slow but steady
Even though domestic banks performed relatively well during the recession, they will also get punished
Banks that have both commercial and investment banking operations in the U.S. could be forced to separate the two businesses
Industry groups voice disapproval
Banks will likely focus on incremental growth in their existing markets
Reform expected to be implemented by the end of 2012
Only three in 10 believe banks should consider further expansion outside of Canada.
Retail banking units will see strong performance
International reports that Ottawa bailed out Canada’s financial sector are not accurate