Net interest margins shrink as loans contract, deposit costs rise
In 2023 most of the five biggest banks reduced fossil fuel funding relative to previous years
And Richardson Wealth snags a $500M team from TD
Project to examine streamlining settlement for money markets
Strong quarter for wealth management helps bank return to profitability
Screen scraping would be phased out over time
Net interest margins tight, loan growth weak in first quarter, DBRS says
The regulator also wants to toughen enforcement and see better advice given at banks
Monetary policy uncertainty, geopolitical, cybersecurity risks abound, report says
Toronto police bust alleged synthetic identity ring