U.S. banks will struggle in 2010
Hundreds of thousands of dollars earmarked to provide immediate relief to victims
Breaches relate to pricing problems uncovered in a proprietary trader’s books
Provision for credit losses nearly doubles to $521 million
Emerging markets to account for lion’s share of global economy in 20 years
Carbon offset investment fund launches
Commercial lending has shown some signs of deterioration
Bank raises 2010 global forecast to 3.8% growth
Canadian personal and commercial banking segment posts record earnings
Former B.C. finance minister brings expertise in business and government