Company: National Bank of Canada

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investor protection

Finance also announced measures to tackle bank fees and mortgage relief

Mortgage signing

Change to address negative amortization mortgages a positive, Fitch says

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Weakness in commercial real estate will impact Big Six loan portfolios

National Bank

Revenues in wealth management increased 6% year over year

Modern office building close up in sunlight

The bank is the farthest along in this process among the Big Six

liquid dollar sign

U.S.-dollar LIBOR put to pasture as the first phase of CDOR reform ends

Plus other moves within the industry this week

National Bank

Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier

Low angle view of Skyscrapers in downtown Toronto during the day

FCAC charged with selecting single, external complaints body

Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders