Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago
Profit Survey: Eleven firms increased their dividends in the latest quarter
Only two of 42 companies reported losses in Investment Executive's Profit Survey
The pandemic will continue to create uneven distributions across countries and sectors
The dividend hike and share buyback plan follow OSFI's decision to lift pandemic restrictions
Commodities, equities and real estate may be better choices
A cyclical tilt makes sense but comes with risk
Fellow life insurers Manulife and Sun Life also announced dividend hikes this month
OSFI's move to lift limits on capital returns marks a vote of confidence
The company increased its quarterly payment to shareholders by 20%