Group and business insurance sales up 93%
Profits down slightly from a year ago, but higher than Q4 2012
Scotiabank, Royal expected to lead the pack
Operating earnings up 20%
Acquisitions help boost revenues, AUM
Volatile markets challenging for precious metals strategies
Paul Mahon appointed president and CEO as Allen Loney announces intention to retire
Net income drops to $540 million as insurance sales fall short of expectations
Disparity between Canada and U.S. firms reflects differences in domestic equity markets, other factors
Bank’s presence in U.S. will give it an advantage over competitors