Banking industry

Regulation

Regulators learn from latest banking sector turmoil

Report highlights risk management failures, supervisory shortcomings

By James Langton |October 6, 2023

3 min read

Market Insights

Rough return to office to weigh on banks: DBRS

Weakness in commercial real estate will impact Big Six loan portfolios

By James Langton |October 5, 2023

2 min read

Industry

Fintech group pushes for action on open banking, payments modernization

Campaign cites high banking fees, payments processing costs

By Staff |October 4, 2023

2 min read

Industry

EQB signs deal for 75% stake in alternative asset manager ACM Advisors

ACM specializes in pooled Canadian commercial mortgage funds

By The Canadian Press |October 3, 2023

1 min read

Industry

Laurentian Bank appoints new CEO after computer mainframe outage

The computer issue comes only weeks after Laurentian completed a strategic review without a deal to sell the bank

By Ian Bickis, Canadian Press |October 2, 2023

3 min read

Industry

JPMorgan to pay US$75 million on claims that it enabled Jeffrey Epstein’s sex-trafficking operations

The bank had already agreed to pay US$290 million in a class-action lawsuit that involved Epstein's victims

By Ken Sweet, The Associated Press |September 26, 2023

2 min read

Industry

BMO to shutter retail auto finance business as bad debt mounts

The bank's provisions for credit losses in its retail line rose 800% to $81 million last quarter

By The Canadian Press |September 18, 2023

2 min read

Economic Indicators

Deteriorating credit conditions to weigh on banks

Rising credit provisions, funding costs, pinching bank profits, DBRS says

By James Langton |September 15, 2023

2 min read

Industry

Laurentian Bank shares fall as it concludes review without deal to sell

Montreal-based bank said it will stick with its current business plan, with an increased focus on efficiency

By The Canadian Press |September 14, 2023

2 min read

Regulation

Top Swiss regulator steps down

CEO cites stress, health in decision to resign from post

By James Langton |September 6, 2023

1 min read

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