OSFI says household debt relative to income remains high, but stable
The industry is going through generational shifts, including a wave of smaller players being bought up
Canada's Big Six banks brought in a collective $16.45B in profits in Q4
The bank's wealth management business earned $699M in the quarter
The bank's Q4 revenue totalled $3.70B, up from $2.94B a year earlier
The monetary values of the settlement haven't been made public
Feds moving to boost defence spending to levels not seen since the Cold War
Proposals impact banking fees, cheque deposits, open banking stablecoin regulation and credit union rules
Findings put bank branches’ proprietary shelves back in the spotlight, highlight lack of MER knowledge
Regulator clarifies its response to concerns arising from survey of mutual fund reps