Revenue growth across major business segments was outpaced by rising costs
Less diversified, riskier loan portfolios leave banks more vulnerable to downturn
New appointments at National Bank of Canada, Foresters Financial and Sagicor
The quarter included a $1.6-billion charge to settle a lawsuit
The results were helped by a reversal of an impaired loan writeoff
Extension increases risk of deal not being completed: Barclays analyst
Fitch says Wall Street giant is seeking stability in retail fee revenues
Revenue in wealth management was up 8%
Rising interest rates drive increase in wealth management revenue
A KPMG survey finds 88% of Black Canadian workers feel companies need stronger commitments and targets for hiring and promoting Black people