Regulator publishes first examination of opaque market segment
Trio of Canadian dealers climb global league tables
Upfront spending weighs on banks' bottom lines, despite revenue growth
Risk-transfer vehicles to perform better now than in financial crisis
Proposals aim to codify investor protections, enhance flexibility
Rising refinancing risk, weaker valuations portend further loan losses
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
Defaults expected to rise in early 2024 before easing in second half
Ailing sector poses a headwind to earnings, threat to credit quality
Declining net interest income and rising credit stress to weigh on results in 2024