National Bank and Laurentian are putting much weight on enhancing the in-branch experience
Early redemptions of capital trust notes won’t be necessary, say TD, CIBC
Foreign buyers, private equity could play a more active role
Much work remains in order to achieve a workable regulatory framework
Canadian banks are in a strong position when it comes to striking deals in the still bruised U.S. financial sector
Reforms, such as raising capital requirements and imposing liquidity minimums, are intended to prevent a repeat of the recent global financial crisis
Despite surviving the global financial crisis intact, Canada’s financial services companies are still contending with lingering global and domestic economic uncertainty, consumer indebtedness and narrow interest rate margins
Measures are good for the stability of the Canadian financial system
Better indicators of leverage need also to be developed
New requirements ensure that all classes of capital fully absorb losses when a bank is failing