Strategic alliance in Chile; Banking acquisition in Peru
Hearing scheduled for May 4
Purchase includes the stock transfer, employee plans services and corporate trust businesses of Valiant across Canada
Exit could trigger a confidence shock, disrupting government debt markets
Cases involving seniors are almost twice as likely to move from initial assessment to disciplinary action
Review of all applications will be performed by IIROC staff in Toronto
Negative outlooks also affirmed as feds consider “bail-in” regime
But report states both economies will pick up steam throughout the year
Report states problematic energy sector having outsized impact on price-earnings ratio