Industry News

Regulatory change likely on the way following U.S. bank turmoil, Fitch says

Deposits appear to have stabilized but profits face pressure from tighter financial conditions

By James Langton |May 9, 2023

2 min read

Goldman settles gender discrimination suit for US$215 million

The lawsuit, initially filed in September 2010, was set to go to trial next month

By Michelle Chapman, The Associated Press |May 9, 2023

1 min read

Banks report tougher credit standards in wake of failures

Tighter credit standards are expected to be followed by a reduction in lending

By Christopher Rugaber, The Associated Press |May 8, 2023

2 min read

Canaccord warns regulatory issue puts snag in takeover offer

Management group no longer ruling out individual asset sales

By Mark Burgess |May 8, 2023

2 min read