Earnings

Canadian AUM up 34.5%, net income down 50.5% for Canaccord Fallback Image Decorative pattern

Industry

Canadian AUM up 34.5%, net income down 50.5% for Canaccord

Global wealth management revenue dropped 12.5%

By Staff |June 3, 2022

1 min read

Provisions for credit losses drive divergent bank results Fallback Image Decorative pattern

Market Insights

Provisions for credit losses drive divergent bank results

Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said

By James Langton |May 31, 2022

2 min read

National Bank reports Q2 profit up from year ago, raises dividend Fallback Image Decorative pattern

Industry

National Bank reports Q2 profit up from year ago, raises dividend

The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago

By Staff, with files from The Canadian Press |May 27, 2022

2 min read

RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up Fallback Image Decorative pattern

Industry

RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up

Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago

By Staff, with files from The Canadian Press |May 26, 2022

3 min read