Provisions for paying redress to customers almost doubled
Costs of redress should be manageable for the banks, but will dent their net earnings in short-term
Other countries could adopt similar rules
Investing in the stocks of Canada's Big Six banks has much appeal
Equities CEO and chief economist among 20 layoffs
Report provides national supervisors with a clearer understanding of how the risk models of their banks compare with those of international peers
Falling fees have forced banks to adjust pricing strategies
Europe still weakest region
Much work still needs to be done on securing recovery, sound banking system
High levels of consumer debt and elevated housing prices leave Canadian banks more vulnerable, rating agency says