RBC led Canadian dealers on equity, debt league tables
Stronger trading results would help offset declines in new issue, M&A activity
The review will help banks beef up climate planning and data gathering, Moody's says
As capital markets froze, M&A dried up and bank revenues dropped
Equity issuance plunged and debt offerings dropped in 2022, Refinitiv reported
Bank promises action to address weakness flagged by Fed, FDIC
Declines in underwriting, M&A drive 32% drop in fees, Refinitiv reports
Scenario analysis exercise will boost regulators' expertise and banks' risk management
Debt underwriting down too, led by a plunge in high-yield offerings
Pilot program in 2023 will test effects of climate risks on banks' businesses