New evaluation comes amid regulators' ongoing reform work
Bank's name will live on after sale of commercial ops to Fairstone
Its Canadian commercial banking, wealth management business earned $647M, up from $591M a year ago
Its wealth management, insurance business earned $757M, up from $680M last year
Its wealth management business earned $1.3B, up from $980M a year ago
Regulators review suitability guidance for industry management
The gains were driven by the bank's diversified, complementary franchises: CEO
Its wealth management business posted earnings of $352M, up from $328M
Profits rose despite weakening in Canadian consumer credit
Consumer debt delinquencies may rise as mortgages reprice in 2026