Advisors defend Big Five salaries
CEO salaries at Canada's biggest banks rank the highest in the country according to new research, and some advisors believe these big wigs deserve every penny they get.
National Bank wealth management segment income up 33% in 3Q
National Bank of Canada posted record results in the third quarter, boosted by strong earnings in its wealth management and financial markets segments. The country’s sixth largest lender said it saw an 11% year-over-year rise in overall net profit, to $419 million, in the period.
National Bank considering further wealth management acquisitions
Montreal's National Bank considering further wealth management acquisitions as earlier purchases, those of HSBC's Canadian business and Wellington West, are being integrated with National Bank Financial's business
National Bank 2Q adjusted net up 6%, wealth segment income up 20%
National Bank reported an adjusted 6% rise in fiscal second-quarter net profit -- rising to $369 million from $347 million a year earlier -- excluding the extraordinary gain from the sale of its Natcan Investment Management unit.