The results come as investors shift from growth stocks to more value-oriented options like banks
Asian markets propped up fourth-quarter results for Manulife, Sun Life
OSFI will launch discussions with financial institutions as it looks to produce climate risk guidelines this year
Canada's big banks are still major funders of the fossil fuel industry. It remains to be seen how quickly they are prepared to move toward net zero
The change comes as Covid-19 numbers rise from the omicron variant
Investors launched the suit in 2008 alleging that the bank misled the market
Firms said they're looking for ways to improve the meetings
Earnings were boosted in part by efficiency gains
The question is how sustainable the positive results will be, analyst says
Higher costs are mostly from employee compensation and strategic initiatives