Lending and underwriting among the world's 65 top banks rose 23% last year
Changes reflect higher spending on housing and vehicles
Shipments to China rose 22% in the first half of 2025
Urban starts held steady at just under 260,000
Infrastructure, equities and credit investments boost PSP performance
Return trips by air fell 24% compared with last May, while return trips by auto plunged 38%
Survey shows some are considering options like delaying renovations or downsizing
Aron Levine named group head and president of BMO U.S.
The numbers are still short of pre-pandemic monthly sales of 200,000: DesRosiers
The central bank pointed to "unexpected firmness" in inflation data, resilience of economy in decision to hold rate steady