National Bank raises quarterly dividend
Q4 profit up 8% from last year to $566 million, wealth management net income up 14%
- By: The Canadian Press
- December 5, 2018 October 17, 2019
- 10:45
Q4 profit up 8% from last year to $566 million, wealth management net income up 14%
The exchange operator plans to combine the Toronto-based firm with its existing analytics hub business
Strong quarterly results prompt bank to hike dividend
The concentration of financial services employment in Toronto ranks higher London and New York
The new service fits with the bank’s aim to serve HNW clients
The new visual identity comes as the company has substantially increased the scale of its global wealth management operations
Maxime Ménard succeeds Pierre Lapointe as president
Canadian firms could face onerous withholding and backup reporting requirements
Seniors are an ideal target for groups specialized in life settlements
The new group will examine cross-border regulatory issues in the financial sector
Gillian Riley succeeds Brenda Rideout at Scotiabank’s digital banking arm
Dieter Jentsch announces retirement from bank
Both banks report Q4 2018 net income increases of roughly 9%
Investors who receive professional advice are both more confident and less anxious
Desjardins Ontario Credit Union will officially open on Jan. 1, 2020
Brad Fedorchuk and Paul Orlander will report to Jeff Macoun, president and COO
RBC InvestEase is the second robo-advisor introduced by one of Canada’s Big Six banks, after BMO SmartFolio
Solid quarterly performance caps a “very strong year”
Provisions for credit losses rise to $264 million
Bank marks a new record annual profit of $12.4 billion
Few owners have a formal written succession plan
Awards celebrate the contributions of individuals and firms in the Canadian capital markets working towards gender equality in the industry
UN summit on sustainable finance taking place in Paris this week
Despite strong results form its international banking division, the bank plans to sell its banking operations in nine Caribbean countries
The airline has also signed agreements with TD, CIBC and Visa that will see them stay on with the Aeroplan loyalty program until at least…