National Bank reports $1.03B Q3 profit, up from $830M a year ago
Growth in fee-based revenues and net interest income drove improved results in wealth management
- By: The Canadian Press
- August 28, 2024 August 28, 2024
- 09:34
Growth in fee-based revenues and net interest income drove improved results in wealth management
Swiss firm sold gas cheap to benefit short position, regulator alleges
Interest-bearing accounts constituted securities, regulator alleged
Funds shifting asset allocations away from offices, toward private credit
While still positive, consumers’ assessments of the current labour situation continued to weaken: economist
The bank expects loan loss provisions to stay elevated in the near term: CEO
The bank had $1.05 billion set aside for bad loans in the quarter, up from $819 million a year earlier
A Chinese Foreign Ministry spokesperson urged Canada to 'not politicize economic and trade issues'
Former military bases, Canada Post sites and federal office buildings are among the properties
Administrative changes are welcome in an area fraught with uncertainty
In its filings, RBC says there's overwhelming evidence Nadine Ahn, Ken Mason breached company policy
The tariffs are meant to keep Chinese EVs from getting a significant foothold in North America
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups