Chief executive says the bank entered the crisis from a position of strength
The bank earned $392 million, down from $1.35 billion a year ago
Loan loss provisions increased by $2.4 billion
The bank’s loan loss provisions totalled $1.11 billion for the quarter
The bank set aside $504 million in loan loss provisions
Demand for deferrals in Canada peaked in the first week of April
Bank earnings and GDP numbers headline a busy week
Landlords, railways and insurers have all been affected
Firm's AUM dropped 6.8% from the previous quarter
The Toronto-based investment management firm cites Covid-19 disruption