Early indications reveal that proposed revisions to FATCA appear to address some of the serious concerns of opposing lobbyists
Ratings agency reviews ratings for banks and securities firms with global capital markets operations
Solution designed for consumers or small services-based businesses, such as insurance agencies, who need to process cheques while on the run
Global bank ratings are expected to deteriorate further, Fitch says
U.S. rule could adversely affect Canadian financial institutions, conflict with regulation
Settlement reduces the likelihood of more costly litigation
Intergovernmental approach to implementation shows that the U.S. government is listening, IIAC says
Move follows similar review of Australia’s four major banks
Credit risk is moderate, but growth would slow
High household debt levels pose risk to the domestic retail loan book