Retail commissions climb as equity markets improve
CI Fund Management Inc. is reporting higher profit for the first quarter ended August 31. The fund manager said revenues got a boost from last-year’s purchase of two mutual fund units from Sun Life Financial.CI said net income for the quarter was $43.5 million, or 19¢ a share, up from $17.5 million, or 9¢ a […]
Terminates discussions with potential U.S. acquisition
Fund firm raises dividend
Lower revenue trims earnings
Wealth management drives growth
Air Canada, restructuring charges responsible for profit fall
Strong growth in retail banking, wealth management
Gains based on performance of co-op and insurance groups
Net income increases 11% to $62 million, but assets down slightly