RBC’s Q4 wealth management net income up 24% to $491 million; Bank says mortgage demand up ahead of new rules
$2.9 billion offer for BBVA Chile would double the Canadian bank’s market share in Chile
Canadian profits topped $100 billion, up 17.2% from the same period last year
The mortgage lender’s top priority is to grow its residential and commercial business lines to more normal and sustainable levels, CEO says
Revenue down 8%
Deposits up 14% from a year ago
Insurer hikes quarterly dividend, despite revenue drop
Insurer reports another quarter of positive net flows in its global wealth and asset management business
The quarter’s results include hurricane-related losses totalling $175 million after taxes
Seven of the 11 main S&P/TSX sectors showed improved 12-month-forward earnings in September