Julius Baer to pay $5.4 billion
Will expand financial services it offers here
Impossible to know the size of any future settlements, S&P warns
UBS sees strength in TD, Scotiabank
Corporate governance in the U.S. banking industry has become an increasingly important influence on banks’ ratings and outlooks in recent years, a new research report by Moody’s Investors Service Inc. concludes.The firm says corporate governance has become an increasingly significant rating factor principally as a result of control failures at the banks.‘In some cases, control […]
Ratings agency finds potential problems
CIBC rating upgraded from negative to stable
Ottawa needs to ensure continued international competitiveness, says Scotiabank
UBS says that it is discussing a possible joint venture with, and investment in, the Bank of China.The Swiss banking giant says that it’s in talks with Bank of China with a view to forming a “mutually beneficial partnership” that would include “commercial co-operation in certain areas of investment banking” which have yet to be […]
Governments and regulators don’t fare as well