FSB, Basel Committee have long warned of tech risk in financial sector
DBRS estimates $27 billion in capital needed to keep ratios at current levels
Regulators expected to get tough on non-compliance with climate-related obligations
Open banking, fintech can enhance innovation, DBRS Morningstar says
Rate environment remains the key downside risk to credit card sector's outlook
Net interest margins tight, loan growth weak in first quarter, DBRS says
Bond funds drove the positive net flow activity as assets hit record high
Canadian fund flows perk up, while U.S. sees record outflows
Merger activity subdued, but the benefits of scale only continue to grow
Analysis from Morningstar Direct also found that 2023 was the best year for Canadian sustainable fund performance relative to peers