Industry must move to increase transparency
NRI program simplifies international banking
Financial Services Authority to review regulation of banking system
Companies satisfied with the quality of service provided by banks
Loan losses expected to rise to “higher, more normalized levels”
Canadian banks better positioned than most to deal with “second wave” of economic downturn
Banks not able to pick up slack from non-bank sources of financing
Consultation paper aims to address weaknesses that were exposed by the financial crisis
Non-interest income growth outperformed interest income
Managing capital conservatively does not mean increasing capital, regulator says