financial-sector-regulators Archives

Big Canadian banks may be making misleading claims on sustainability, says securities complaint

Canada’s big five banks are potentially misleading investors with their use of terms like sustainable finance, according to a complaint to securities regulators by a climate advocacy group. Banks are …

Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

by Walter Watson

The Industrial and Commercial Bank of China’s (ICBC) U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Thursday, the latest in a …

Finance committee MPs ask federal government to reject RBC-HSBC deal

by Anas Siddiqui

The House of Commons finance committee has asked Ottawa to reject the Royal Bank of Canada’s $13.5-billion acquisition of HSBC’s domestic unit, citing the lack of competition in the country’s financial …