BMO Financial Group significantly missed analyst earnings expectations
The bank has also raised its quarterly dividend
Scotiabank earned $1.57 per diluted share on an adjusted basic, up from $1.23 a year ago
The S&P TSX bank index is up about 12% since last quarter’s results
The cuts are not reflective of the state of the underlying business, the firm says
This year, 71% of new ETF launches have been actively managed, according to Bloomberg Intelligence
Witherington will be moving from head of Asia to running the whole company
More than one million contracts are up for renewal next year
The results show a dysfunctional system, policy analyst says
The fund has $350 million in seed capital from an unnamed Canadian corporate pension plan