Insurer reduces risk profile in “transformational year”
Premiums and deposits, assets under administration grow to all-time highs
Net redemptions rise at Investors Group division
Core earnings miss analyst estimates
P&C insurer posts big jump in fourth quarter profit
Change in ownership leaves organization stronger, more internationally competitive
Swiss bank cites lawsuits, restructuring costs
Buybacks won’t save the day if underlying profit growth stagnates
Investment manager earned $32 million in performance fees during the latest quarter
At first blush, returns look good overall. But they hide the fact that only the banks are on really solid footing