Bank reports 'difficult quarter' during which it lost former CEO Andrew Moor
CEO cites diversified business model, investments
Firm announced this week it's being acquired by iA Financial Corp in a $597M deal
Compensation dropped 28% following “organizational restructuring”
Bank bought a 14.9% stake in the U.S.-based firm last year
Buy local trend hasn't resonated with Canadian investors quite yet
Global wealth management operations earned $238.9 million
That compares with $50.9B deficit in the same period of 2023-2024
CEO reports progress one year after posting a $117.5M quarterly net loss
The bank's wealth division has $37.2B in AUA, up 30% from the previous year