New report suggests that Canadian banks “pursued more prudent and more disciplined risk-management practices”
BCA research note says there is skepticism that the private sector is willing to inject further capital into banks
The regulator’s representative office will remain open in Canada to assist clients recover troubled assets
If not, government capital will be provided in the form of mandatory convertible preferred shares
Fund company releases sustainable investing annual report
Rating agency downgrades Bank of America, Citigroup
Two-thirds of Canada’s biggest public companies do not have women executives at the top paid ranks
Risks to global financial system instability have intensified in recent months, the International Monetary Fund says, and it worries that many banks may not have enough capital to weather the economic downturn.“In spite of extensive policies, the global financial system remains under intense stress,” the IMF notes in the latest edition of its global financial […]
These well-managed and well-capitalized banks have strong brands and focus on traditional banking activities
Conditions are better in Canada, but domestic financial institutions still face possible asset losses