Credit rating agency agrees to pay more than US$16 million in penalties
By reducing its equity capital and increasing debt, CI is reducing its financial flexibility
Moody’s forecasts that the rate will continue to decline for the remainder of the year, finishing at 2.1% vs 2.8% last month
U.S. tax reform and the prospect of higher interest rates in both Canada and the U.S. should help boost the bank’s earnings
The credit-rating agency says RBC’s strengths distinguish the bank from its peers in Canada and around the world
Measures to facilitate greater female participation in the labour force could help boost GDP and the government’s fiscal position
Report follows the conclusion of ESMA’s review of the current fee structures in the credit rating and trade repository industries
Modest economic growth, sustained commodity prices will keep corporate revenue on an upward trajectory
The country has many strengths, but it also has the second highest government debt of any “AAA”-rated sovereign
The credit-rating agency’s expectations of continued government support for the big banks remains unchanged — as do its ratings for the banks