Jean Francois Perrault pegs the likelihood of a Canadian recession at 25%
Canadian banking executives spoke at a conference in Toronto
Elevated risks to the banking system include high levels of indebtedness and global trade tensions
Profit amounted to $1.73 per diluted share for the quarter
CIBC and Bank of Nova Scotia anticipate central bank will lower rates in 2020
The two investment professionals ran separate practices at Scotiabank and ScotiaMcLeod, respectively
"You can't keep your blinders on," CIBC's Victor Dodig told a conference Wednesday
Earnings in wealth management up 20% with "strong contributions" from MD Financial, Jarislowsky Fraser
Several analysts estimate the country's six biggest banks will see modest earnings-per-share growth
Bank sold US$500 million of 3.5-year bail-in green bonds