Banking Review: Winter 2010

PricewaterhouseCoopers' Banking Review shares a Canadian perspective on the challenges and opportunities facing the banking and capital markets sector. This edition features the following articles:

• 13^th Annual Global CEO Survey – Setting a smarter course for growth
• Reflection, inflection and direction – tax risk management in an increasingly transparent world
• Basel Committee proposals for ‘strengthening the resilience of the banking sector
• Canadian Banks 2010 – Perspectives on the Canadian banking industry

13^th Annual Global CEO Survey – Setting a smarter course for growth

The past 18 months could serve as the defining period for many CEOs. The recession in developed nations was the worst many had ever experienced, marked not only by the loss of liquidity and the reduction in demand but equally, by the speed with which conditions changed. In the 13th Annual Global CEO Survey we hear from nearly 1,200 business leaders and government officials from more than 50 countries. The following article shares their responses to how they handled the challenges spurred by the recession.

13th Annual Global CEO Survey – Setting a smarter course for growth (37 KB) Download the full PDF article.

Reflection, inflection and direction – tax risk management in an increasingly transparent world

The recent market turmoil that resulted in a massive government stimulus throughout the world leads to the obvious question – who will be asked to pay the bill? The actions to date confirm the financial sector may pay a significant part of the debt through a combination of new taxes, increasing the tax collection burden on financial institutions and enforcement actions. In this article, we examine these developments and what actions financial institutions should consider.

Reflection, inflection and direction - tax risk management in an increasingly transparent world(38 KB) Download the full PDF article.

Basel Committee proposals for ‘strengthening the resilience of the banking sector’

The Group of Central Bank Governors and Heads of Supervision, the oversight body of the Basel Committee, announced a comprehensive set of measures to strengthen the banking sector’s regulation, supervision and risk management. At its meeting on December 8 and 9, 2009, the Basel Committee agreed on concrete steps for implementing the announced measures. Learn more in the article below.

Basel Committee proposals for ‘strengthening the resilience of the banking sector’(106 KB) Download the full PDF article.

Canadian Banks 2010 – Perspectives on the Canadian banking industry

In a year marked by the worst financial crisis in generations, Canada’s six largest banks earned strong results and the continued confidence of Canadians. As we move forward, new questions will be asked about their ability to handle increased political attention and the ever changing regulatory environment. Learn more in the article below or visit pwc.com/ca/canadianbanks to download the full report.

Canadian Banks 2010 – Perspectives on the Canadian banking industry (39 KB) Download the full PDF article.

Banking Review: Winter 2010(478 KB) To read all of the articles above, download this PDF.