Proposed framework would be mandatory for large, internationally active banking organizations
Many Canadians still bank with the same financial institution where they opened our first account
Changes in rules do not alter underlying economic reality of transactions
Survey espondents also say too much regulation is endangering banks’ financial health
Proposals ignore banks' insurance demands
World’s largest banks face surge in security attacks, reveals Deloitte global study
Banking institutions around the world are borrowing techniques from the manufacturing sector that are enabling them to simultaneously cut costs and boost growth, according to a new survey from Accenture.Applying proven approaches from successful manufacturers, these banks are simplifying internal operations and increasing their differentiation in the marketplace – a strategy Accenture calls “Industrialization.”The concept […]
Chinese banks have made impressive strides and have significantly improved the sector’s risk profile, says Fitch Ratings in a new report. However, the agency also cautioned that despite this improvement, Chinese banks continue to face serious challenges and banking industry risk remains one of the largest vulnerabilities facing the economy.“Key weaknesses include widespread corruption and […]
Mechanisms are in place to ensure that banks maintain a solid capital base
U.S. regulators preparing guidelines