The Bank of Canada said interest rates will need to rise further to reduce the highest inflation in decades
Wealth management income was down in the quarter
Across big banks and independent firms, many shifts are occurring
Meghan Meger and Geoff Newton will take over as co-heads of BMO Private Wealth in Canada next month
Brent Joyce has been hired as chief investment strategist and managing director of BPIC
The expected amount to pay for a house increased by $100K since last year, a BMO survey says
Younger Canadians are financially engaged but may lack investment know-how, a BMO survey suggests
The firm's wealth management net income is down by 6% compared to Q1 2021
Banking, materials, energy and consumer discretionary may be good picks for 2022
Deland Kamanga will assume the role on Nov. 1