Banking industry

Credit Suisse–UBS deal offers hope, but bank doubts persist Fallback Image Decorative pattern

Industry

Credit Suisse–UBS deal offers hope, but bank doubts persist

Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven

By Kelvin Chan, The Associated Press |March 20, 2023

4 min read

Canadian banks’ funding is stable despite losses since SVB failure Fallback Image Decorative pattern

Industry

Canadian banks’ funding is stable despite losses since SVB failure

Banks have lower exposure to fixed-income securities and sufficient liquidity, DBRS says

By Staff |March 20, 2023

1 min read

Banking complaints agencies report record numbers for 2022 Fallback Image Decorative pattern

Industry

Banking complaints agencies report record numbers for 2022

OBSI, ADR Chambers report double-digit increase in case openings

By The Canadian Press |March 17, 2023

1 min read

Markets slump Friday as investors grapple with banking fallout, rate uncertainty Markets slump Friday as investors grapple with banking fallout, rate uncertainty

Industry

Markets slump Friday as investors grapple with banking fallout, rate uncertainty

Big banks don’t necessarily have same problem as regional banks: Mackenzie CIO

By Rosa Saba, The Canadian Press |March 17, 2023

4 min read