As the bid for talented advisors increases, other Big Six banks haven't made material changes to compensation for incoming branch advisors
Deal for Cowen increases exposure to capital markets and adds to integration risk, the rating agency said
Banks likely to build loan-loss provisions as economic uncertainty grows
Rating agency affirms Big Six ratings, upgrades Scotia's outlook
Alberta seen leading growth, while Atlantic provinces will suffer most from high inflation
Recession isn't inevitable, but the margin to avoid one is slim
Strong growth, increased correlation and interconnection drives rising risk
Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said
Assets under management in Canadian retail were $411 billion as of April 30, up from $397 billion at the end of Q2 2021
Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist