The NCUA has proposed three deregulatory changes affecting credit unions, including removing a special reserve requirement for certain state-chartered institutions and easing member-notice rules.
The bank is targeting corporate functions and senior management, with up to 1,500 roles expected to go before the end of 2026.
More French SMEs and mid-sized firms reported rising credit costs in the third quarter, but investment-loan applicants continued to secure most of the financing they requested.
Statistics Canada’s August credit tables extend the monthly borrowing series and revise January-to-July 2026 estimates using updated source data and seasonal patterns.
Reported EPS was $0.90 as merger-related charges continued, while net interest income and average deposits rose from the second quarter.
The FCA highlights risks from automated customer decisions, weak oversight and reliance on outside AI providers, while stressing that existing rules still apply.
NMI confirmed normal batch settlement processing on October 17 after warning that some merchants could experience delays in settlement and associated funding.
The central bank is trialing international won settlement with four domestic banks before a planned January 2027 rollout that would broaden access for overseas institutions.
Governor Tiff Macklem warned that prolonged oil disruptions could push inflation beyond fuel prices ahead of the Bank of Canada’s October 28 policy decision.
Bailey wants ongoing scrutiny of powerful AI models as a new IMF–World Bank blueprint urges financial firms to make fraud prevention part of digital payment design.