Kresic: Concerns About Canadian Banks Overdone

The video discusses the current state of banks globally, highlighting that while banks have faced pressures, these are perceived as overdone. It focuses on Canadian banks, noting a shift from interest income to more diversified sources like wealth management and capital markets. The video also emphasizes the improved strength of banks due to reduced loan losses and higher capital ratios, making them stronger than in the past 30 years.

What is the general perception of banks globally, according to the video?

• They are primarily focused on technology.

• They are under significant pressure.

• They are thriving and expanding.

• They are unaffected by global trends.

How has the income source of banks changed since the 1980s?

• Wealth management income has decreased.

• Interest income has decreased to 50%.

• Interest income has increased to 80%.

• Capital markets income has remained the same.

What percentage of Canadian banks' income now comes from wealth management?

• 25%

• 17%

• 30%

• 10%

What has been the trend in loan losses for Canadian banks?

• Increased to 5%

• Remained at 3%

• Decreased to less than 1%

• Increased to 10%

How do the current capital ratios of Canadian banks compare to the past 30 years?

• They are the same as in the 1980s.

• They are lower than ever.

• They are unchanged.

• They are higher than ever.