THE CANADIAN TIMES

EC PUBLISHING SINCE 1904

Friday, Dec 03rd

Last updateWed, 14 Feb 2018 7pm


Strict Standards: Only variables should be assigned by reference in /home/times/public_html/ct2/modules/mod_janewsticker/helper.php on line 239
You are here: Home Canadian Times Finance Rating agency DBRS keeps negative outlook on big Canadian banks as Ottawa moves ahead on 'bail-in' regime

Strict Standards: Only variables should be assigned by reference in /home/times/public_html/ct2/plugins/content/jabookmark/jabookmark.php on line 68

Rating agency DBRS keeps negative outlook on big Canadian banks as Ottawa moves ahead on 'bail-in' regime

With the Canadian government moving forward with plans for a "bail in" regime that would keep taxpayers off the hook in the event of a bank collapse, ratings agency DBRS is maintaining its "negative" outlook on the country's largest banks. There is not yet enough information yet about how a bail-in would work to change the banks' ratings to reflect the reduced government support, DBRS said in a report published Friday.


Read More

BLOG COMMENTS POWERED BY DISQUS