National Bank reports Q1 profit of $932M, boosted by trading revenue
Net income for the wealth management segment was up 11% year over year
- By: IE staff, with files from Canadian Press
- February 25, 2022 February 25, 2022
- 15:26
Net income for the wealth management segment was up 11% year over year
The wealth management business benefited from both market appreciation and client flows, the bank said Friday
Financial, energy and telecom sectors are being monitored for potential threats
The European Union braces for higher energy prices and a drag on consumption and investment
Amid last minute "chaos," liquidation hearing pushed to March
The reading was the largest year-over-year rise since 1982
The result compared to $248 billion a year earlier
The surplus is another pendulum swing for a province that for decades has been riding the dizzying highs and subterranean lows of oil and gas…
Consumer groups call on Freeland to designate OBSI as binding bank ombud
Europe receives close to 40% of its natural gas from Russia
Rising energy prices helped boost value of global commerce
Canada among the biggest gainers in the G20
Higher world oil prices the primary effect for Canadian economy, policy
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
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