The firm’s aim to close the transaction later this month
Banks could be more heavily impacted in the event of an adverse unemployment shock or rapid rise in interest rates
Many firms have reassessed their strategies following the global financial crisis
A handful of regional banks are best suited to take advantage
Rising interest rates and reduced regulation may create options for U.S. banks that exploit niche markets and M&A strategies
Further measures to mitigate speculative and investment activity should be considered
Dividend to rise
Emerging financial technology needs oversight, particularly when it comes to protecting customers’ privacy and security
Combined, Canada’s five biggest banks had $9.67 billion of profits during the quarter
The Canadian bank is expect to release its Q2 results on Tuesday