Banking industry

Reduced bank deposits are both cause and effect of weaker lending activity, report says Reduced bank deposits are both cause and effect of weaker lending activity, report says

Economic Indicators

Reduced bank deposits are both cause and effect of weaker lending activity, report says

Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC

By James Langton |May 15, 2023

2 min read

FCAC seeks single body for bank complaints FCAC seeks single body for bank complaints

Industry

FCAC seeks single body for bank complaints

Applications due June 26 for the job of enhancing complaint handling

By James Langton |May 11, 2023

2 min read

Breaking the doom loop for U.S. banks Breaking the doom loop for U.S. banks

Industry

Breaking the doom loop for U.S. banks

To calm fears, DBRS calls for the return of a crisis-era guarantee

By James Langton |May 11, 2023

2 min read

Regulatory change likely on the way following U.S. bank turmoil, Fitch says Fallback Image Decorative pattern

Industry

Regulatory change likely on the way following U.S. bank turmoil, Fitch says

Deposits appear to have stabilized but profits face pressure from tighter financial conditions

By James Langton |May 9, 2023

2 min read