Rising credit provisions and weak markets weighed on Q3 profits
Weak financial markets pushed down wealth management revenue
As the bid for talented advisors increases, other Big Six banks haven't made material changes to compensation for incoming branch advisors
Banks likely to build loan-loss provisions as economic uncertainty grows
The Bank of Canada said interest rates will need to rise further to reduce the highest inflation in decades
Rating agency affirms Big Six ratings, upgrades Scotia's outlook
Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said
Global wealth management earnings grew 9%
Big Six profits should get a lift from the BoC's inflation fight
But the banks say that climate-related shareholder proposals limit their options for achieving net-zero commitments