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Toronto skyline in financial district

Government relief diminished the need for banks’ massive loan loss reserves

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The bank’s loan loss provisions fell to $496 million compared with $1.85 billion a year ago

hand pulling financial business graph to high growth rate

The bank's wealth management business earned $165 million, driven in part by fee-based revenues

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The bank's Q2 results reflect the underlying strength of its diversified businesses, said TD's CEO

Moving boxes in new house. Real estate concept.

The bank supports recent measures to take pressure off Canada's housing market, said RBC's CEO

golden steps leading up, made of stacks of dollar coins in increasing height

The bank beat analysts' expectations by earning $1.65 billion in Q2

American dollars

U.S. banks doubled the size of their reserve releases in Q1 thanks to a strong economic performance and improved growth expectations

Idea

The appointments suggest CEO Jamie Dimon could choose a woman to lead the company after he retires

businessman hand working with new modern computer and business strategy as concept

Fostering competition and innovation can boost financials and the economy, a report says

Toronto skyline in financial district

J.D. Power says the drop in satisfaction was most apparent with Canada's Big 5 banks