Regulator says proposals should encourage banks to reduce the number of mortgages that would go into negative amortization
At RBC, one-quarter of customers use points for mortgage, credit card payments
Governance changes follow consultation and independent review
Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier
'Challenging market conditions' and 'shifting environment' said to be putting pressure on revenue growth
Tim Johal of Mackenzie investments says Canadian banks are better risk managers, more profitable, more predictable and less volatile
Editorial: lessons learned must not be forgotten when financial sector rules are being crafted and risk-friendly reforms are touted
Government aims to improve transparency at federally regulated financial institutions
Editorial: Investors are no better off today than they were at this time last year
Indebted consumers, slower economic growth, potential for recession are key factors in play