Earnings

Industry

Great-West Lifeco to sell Canadian subsidiary for $175M to Mackenzie

GWL also beat earnings expectations for Q2

By The Canadian Press |August 5, 2020

3 min read

Industry

HSBC Q2 profit down dramatically thanks to pandemic

The bank’s overall operating income was $502 million, down 7.9% from a year ago

By Staff |August 4, 2020

1 min read

Industry

Net loss for GMP Capital in Q2

Richardson GMP's income fell year-over-year, but its assets under administration rose from March

By Fiona Collie |July 31, 2020

1 min read

Life

IA Financial’s profits rebound with strong sales in second quarter

Sales of individual insurance and guaranteed products were up

By Mark Burgess |July 30, 2020

1 min read

Industry

Empire Life reports earnings for Q2

Quarterly earnings rose year-over-year, but fell on a year-to-date basis

By Staff |July 30, 2020

2 min read

Market Insights

U.S. banks maintain capital strength: Moody’s

Wall Street firms "are reasonably well placed to weather a downturn this year," a report says

By James Langton |July 20, 2020

2 min read

Industry

Where BlackRock Inc. is seeing asset growth

The New York–based company reported second-quarter profit of $1.21 billion on Friday

By Staff, with files from The Associated Press |July 17, 2020

1 min read

Economic Indicators

U.S. banks brace for a long recession

Bank of America revising its balance sheet to withstand recessionary effects into 2022

By Ken Sweet, The Associated Press |July 16, 2020

2 min read

Industry

Goldman Q2 profit tops forecast on strong trading revenue

The investment bank's trading desks benefited from market volatility

By Ken Sweet, The Associated Press |July 15, 2020

2 min read

Economic Indicators

U.S. banks report Q2 profits

Stock markets were unsettled early Wednesday as earnings came in from JPMorgan, Wells Fargo and Citigroup

By Stan Choe, The Associated Press |July 14, 2020

3 min read

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