Canadian wealth management revenue dropped 4.6%, and AUM was down 3.9%
Banking regulators warned about added liquidity risks from crypto clients
Ontario's Ministry of Finance says it is still assessing the OSC's report a year after it was submitted
Household debt concerns put upward pressure on capital ratios
CIBC says it recorded a pre-tax provision of $1.17 billion related to the settlement in its Q1 results
There were shifts in Canada and the U.S. at a couple major firms
Sector faces all the risks of traditional finance, amplified by its own inherent vulnerabilities
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
A pre-budget submission says government needs to follow through on its reform pledge
Central bank proposal would disintermediate banks and curb deposit funding