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wall street, new york city

In a report, Fitch Ratings said middle-class investors are catching Wall Street's eye

Toronto skyline in financial district

Profits were up, but risks remain, according to the rating agency

Blue infographics documents with 3D graphs and charts of glass.

The bank's wealth division AUM rose significantly year over year

  • By: Staff
  • February 26, 2021 February 26, 2021
  • 11:39
Toronto skyline in financial district

But the bank's stock price fell about 2.5% in midday trading

Mortgage market, cash back credit cards gave the bank a boost during the quarter

U.S. flag

Non-U.S. banks may see increased use of subpoenas, Fitch says

close up, business man or lawyer accountant working on accounts using a calculator and writing on documents

More than 40% of earnings came from the U.S., where the vaccine rollout has been strong

Trouble ahead, Businessman with umbrella standing in front of stormy clouds

The scenario will examine the impact of a severe global downturn and other factors

Toronto skyline in financial district

A lack of detail and standards makes assessing banks' exposure to commercial real estate difficult

Career burden and business stress concept as a businessman or worker pulling a giant heavy metal anchor as a metaphor for hardship and strugge with taxes or oppression.

Even so, survey respondents noted that economic risk will remain a top challenge in 2021