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Fitch Upgrades Outlook for Canadian Banks
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Fitch Upgrades Outlook for Canadian Banks

Fitch Upgrades Outlook for Canadian Banks

Fintech Nexus Staff·
FinanceNews RoundupNorth America
·Dec. 9, 2016·1 min read

Fitch Ratings has upgraded its outlook for Canadian banks from negative to stable; cites solid risk management, increasing profits and better than expected capital positioning as factors for the upgrade; says recent regulatory changes, slow GDP growth, high household debt and decreasing home prices are still concerns for 2017.  Source

 

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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