Earnings – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 02 May 2024 16:41:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Earnings – Investment Executive https://www.investmentexecutive.com 32 32 Richardson Wealth adds retention bonuses for advisors https://www.investmentexecutive.com/news/industry-news/richardson-wealth-adds-retention-bonuses-for-advisors/ Fri, 01 Mar 2024 20:34:14 +0000 https://www.investmentexecutive.com/?p=481378 The bonuses will total $15.2 million for advisors who stay until at least November 2026

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]]> Scotiabank reports Q1 profit up as recession fears clear https://www.investmentexecutive.com/news/industry-news/scotiabank-reports-q1-profit-up-as-recession-fears-clear/ Tue, 27 Feb 2024 19:21:57 +0000 https://www.investmentexecutive.com/?p=481171 The bank doesn't see a pickup in Canada until later this year

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]]> BMO reports revenue and profits constrained by “challenging economic backdrop” https://www.investmentexecutive.com/news/industry-news/bmo-reports-revenue-and-profits-constrained-by-challenging-economic-backdrop/ Tue, 27 Feb 2024 19:08:54 +0000 https://www.investmentexecutive.com/?p=481168 Wealth management earned $240 million, up from $159 million a year earlier

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]]> CI Financial reports $63.5M loss in Q4 https://www.investmentexecutive.com/news/industry-news/ci-financial-reports-63-5m-loss-in-q4/ Fri, 23 Feb 2024 18:52:14 +0000 https://www.investmentexecutive.com/?p=480976 Firm announces bid to repurchase up to $85 million of its shares

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]]> Manulife Financial reports $1.66B in net income in Q4 https://www.investmentexecutive.com/news/industry-news/manulife-financial-reports-1-66b-in-net-income-in-q4/ Thu, 15 Feb 2024 17:14:30 +0000 https://www.investmentexecutive.com/?p=480549 In Canada, assets under management were up 3% in 2023

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]]> Great-West Lifeco sees Q4 earnings rise to $740M https://www.investmentexecutive.com/news/industry-news/great-west-lifeco-sees-q4-earnings-rise-to-740m/ Thu, 15 Feb 2024 16:48:40 +0000 https://www.investmentexecutive.com/?p=480556 Net earnings were down for the company's Canada segment

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]]> Wealth business drives Canaccord earnings as M&A outlook improves https://www.investmentexecutive.com/news/industry-news/wealth-business-drives-canaccord-earnings-as-ma-outlook-improves/ Thu, 08 Feb 2024 15:42:23 +0000 https://www.investmentexecutive.com/?p=480182 The firm's Canadian wealth management business generated $77 million in third-quarter revenue

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]]> TD expects $141M from Schwab holdings as U.S. banks report earnings https://www.investmentexecutive.com/news/industry-news/td-expects-141m-from-schwab-holdings-as-u-s-banks-report-earnings/ Thu, 18 Jan 2024 19:14:37 +0000 https://www.investmentexecutive.com/?p=478949 Adjusted net income estimated to drop 30% from previous year

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]]> Banks upbeat on U.S. consumer despite bank profit declines, inflation and rising debt levels https://www.investmentexecutive.com/news/industry-news/banks-upbeat-on-u-s-consumer-despite-bank-profit-declines-inflation-and-rising-debt-levels/ Fri, 12 Jan 2024 19:51:16 +0000 https://www.investmentexecutive.com/?p=478586 Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce

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]]> Easy profits may be over for corporate Canada, CIBC warns https://www.investmentexecutive.com/news/research-and-markets/easy-profits-may-be-over-for-corporate-canada-cibc-warns/ Thu, 14 Dec 2023 18:21:24 +0000 https://www.investmentexecutive.com/?p=477287 Earnings expectations will need to account for a changing environment

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