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
Equity issuance hit a three-year low, while debt issuance was up 2% year over year
Decision to sell is consistent with the bank's strategy of geographic de-risking
Canadian Financial Sector Resiliency Group will launch in August
The bank will record a loss of approximately $400 million after tax
The firm is also lowering fees for a number of funds