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Probably overdue efforts to bring credibility back to banking which has been tarnished by an ‘investment banking’ culture lately. reportonbusiness.com: Be careful, and other new guidelines Yet many of these proposed guidelines, outlined in a report Thursday by the Institute of International Finance, may strike investors as self-evident – a sign of just how far the banking system strayed from basic princip

The Bank of Canada has just released its twice yearly assessment entitled the Financial System Review. The Globe and Mail reports on it here. reportonbusiness.com: Consumers, banks to feel pinch [emphasis ours] Canadian banks have generally remained solid throughout the past 10 months of turmoil, and are able to tap markets to finance their shortfalls. Plus, they have continued lending to Canadian borrowers, albeit w