Montreal-based bank said it will stick with its current business plan, with an increased focus on efficiency
In joint letter, industry associations lobby against proposed changes
Basel Committee to examine regime's efficacy and consider added guidance
Female board representation rose at European banks but management mix was stagnant
CEO cites stress, health in decision to resign from post
Higher upfront cost reduces long-term risks for economy, banks
Leverage and liquidity risks lurk alongside rising financial stresses
Nonetheless, the bureau found evidence of several instances when HSBC Canada’s lineup had influenced RBC’s offerings
Full-time employee equivalent count was down 1,709 from Q4 of 2022
Revenues in wealth management increased 6% year over year