Figure is down from $54.9M a year ago
The bank is ``streamlining certain back-office functions'' related to its retail services operations
CMHC issue resolved
Bank looks to leave mortgage loan review woes behind
Rating agency cites concerns about the bank’s internal controls
The bank raised its quarterly dividend payment to 63¢ a share
The Montreal-based bank is part of a national trend to reduce branches and offer more advice and digital services
Significant restructuring includes the elimination of 15 positions along with other executives taking on new responsibilities
Michel Lauzon has spent 16 years at the firm
François Desjardins appointed chief operating officer