The insurer reported a net loss of $32 million in the quarter
Client assets down just 12% amid more severe drops in equity markets
StatsCan estimates suggest the Canadian economy pulled back 9% in March
Net losses reverse a significant portion of the US$1.7 billion net gains reported in 2019
Wells Fargo also saw profits plunge in Q1 due to the coronavirus pandemic
Corporate earnings could see the biggest impact from the pandemic in Q2
Big banks are in the best shape to endure the coronavirus crisis
The executive's total compensation was $9.6M
Manulife’s chief executive took home almost $15 million in 2019
Net earning reached $5.3 million, rebounding from a net loss in the previous quarter