National Bank reports $997M Q1 profit
The bank's wealth management business earned $242 million
- By: The Canadian Press, with files from IE
- February 26, 2025 February 26, 2025
- 10:26
The bank's wealth management business earned $242 million
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Policymakers had hoped for permanent reduction in labour scarcity without increasing unemployment
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It's the biggest monthly decline in consumer confidence since 2021: report
Before the prospect of U.S. tariffs, most provinces had been expecting their fiscal situations to improve in 2025
The bank's wealth management and capital markets businesses helped push the profit up from $1.29B a year ago
The bank's Q1 profit was down from a year ago
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Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
The pension fund is investing up to US$1.05 billion
Plus, promotions at Harvest and Ontario Teachers' Pension Plan Board
High-profile firms and their clients were targeted in 2025
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record