From economic pressures to disruptive technology, global banks are struggling
The bank increased its quarterly payment to shareholders by a penny to 67 cents per share
Net income for wealth management increased 10% from the same quarter last year
Net income at wealth management rose 32% to $729 million
Weaker financial performance expected next year, however
Looking at Canadian banks
The 21st International Conference of Banking Supervisors will focus on timely issues
The bank attributed the decline to a variance in expected credit losses and lower operating income
Investors are looking for ways to dodge the global headwind
The product will focus primarily on hydro power, social housing and daycare centres