Market volatility improves, credit spreads narrow
UBS Securities favours Scotiabank, TD
Re-evaluation of litigation provision by Great-West Lifeco helps
Annual net income up 13.5%
Revenue tumbles 53%
Domestic retail loan growth is showing signs of slowing, and margin pressure is likely to continue
Profit growth at BMO, Scotia and CIBC offset declines at TD, RBC
Assets under management surpass $15 billion
Mortgage broker unit, FirstLine, is shopping for a buyer.
MRS purchase costs leave earnings short of expections