New service pioneers cross border client credit references
No additional lift from external support
Moody’s Investors Service announced that it is considering refinements to its use of “joint default analysis” as part of its bank rating methodology. “Having consulted with market participants, Moody’s is assessing ways of applying more qualitative judgment to modify formulaic external support assumptions and their effect on bank ratings under JDA,” it explained. Moody’s said […]
Ratings agency has not tried to quantify probability of support
Big six, Desjardins “too big to fail”
More than one-third of the stock transactions originating in Canada now are executed by computers programmed to maximize trading efficiency, a study has found.The report from Forefactor Inc., an independent research and consulting firm specializing in capital markets, also suggests Canadian banks may have lost first-mover advantage in algorithmic trading.The study “indicates electronic trading is […]
Many bank deposit upgrades expected
Banks ignoring the human rights violations of clients, BankTrack says
Rise in trading revenue in has been accompanied by higher risk, says DBRS
Canadians continue to prefer to go their branch to make RSP contributions and to acquire mortgages