Industry News

Report finds SRO merger would lead to significant savings

Deloitte has examined IIROC’s proposal to merge with the MFDA

By Fiona Collie |August 25, 2020

2 min read

Pandemic wreaks havoc on U.S. bank earnings

Profits have slumped 70% year over year as bad loans pile up

By Ken Sweet, The Associated Press |August 25, 2020

1 min read

BMO Financial Group reports $1.23B Q3 profit, tops analysts’ expectations

Net income for the bank’s wealth management business increased 37% year over year

By Tara Deschamps, The Canadian Press |August 25, 2020

2 min read

Scotiabank reports $1.3B Q3 profit, provisions for credit losses climb

Strong results in global banking, wealth management offset hit to retail banking

By The Canadian Press |August 25, 2020

1 min read