Revisions to capital rules and stress tests weaken the regime, the rating agency says
Banks mull climate risks but provide little financial data
Industry faces higher claims and negative market impacts
The rating agency sees Canada's default rate declining amid stronger corporate liquidity
Franklin/Legg Mason deal to create industry giant carries integration risk
Firms' IT spending continues rising to keep up with fintechs and rivals
Evolving consumer preferences, not market conditions, are driving fund flows
Climate change, sustainability and concerns about an aging population are looming larger
A focus on ESG investing, government policy and industry innovation is driving growth
The bank's buyout of a U.S. algo firm demonstrates its commitment to fintech