Siam City Bank deal is negative in the short-term, but long-term impact could be positive
Provinces and territories to decide independently whether to make legislative changes or to recommend best practices
Canadian operations complemented by U.S. market presence, rating agency says
Tougher sentences proposed in response to financial scandals
Bank has positive momentum across all businesses, BMO says
Downgrades still outnumber upgrades, but the gap is narrowing
Stress at Dutch parent could impair Canadian franchise
Low leverage, superior liquidity positions and strong sponsorship support credit ratings
Proposals intended to improve the reliability and integrity of the ratings process
Some additional ratings on individual insurers would need to be downgraded