Extension increases risk of deal not being completed: Barclays analyst
Revenue in wealth management was up 8%
Rising interest rates drive increase in wealth management revenue
Net income for wealth management was down 12% from a year ago
Net income for global wealth management was down 7% from the previous year
The settlement comes as TD works its way through two major acquisitions in the U.S.
Household debt concerns put upward pressure on capital ratios
CIBC says it recorded a pre-tax provision of $1.17 billion related to the settlement in its Q1 results
Top 40% of households put more into their savings
Energy and financials offer opportunities, PM says