Canadian banks are mostly unaffected by revised rules that determine how much capital lenders must hold to bolster their balance sheets.
The new rules from the Basel Committee on Banking Supervision, the global banking watchdog, alter the leverage ratio – a blunt tool used to calculate the amount of capital a bank must hold relative to its total assets – regardless of their risk. Come 2017, banks must hold enough capital to cover at least 3 per cent of their total assets.Report Typo/Error
- UBS Group AG$16.220.00(0.00%)
- Royal Bank of Canada$93.740.00(0.00%)
- Bank of Montreal$90.990.00(0.00%)
- Canadian Imperial Bank of Commerce$105.240.00(0.00%)
- Toronto-Dominion Bank$64.010.00(0.00%)
- Bank of Nova Scotia$75.660.00(0.00%)
- National Bank of Canada$53.140.00(0.00%)
- Deutsche Bank AG$18.850.00(0.00%)
- Barclays PLC$11.010.00(0.00%)
- Updated May 25 4:00 PM EDT. Delayed by at least 15 minutes.