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RBC chief executive David McKay doesn't expect the Covid-19 Delta variant to halt current momentum

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The bank said its third-quarter profit rose to $839 million, up from $602 million a year ago

Canadian money

BMO's wealth management business earned $401 million in the quarter, up from $341 million a year ago

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The bank cut its provisions for credit losses by 83% compared with a year ago

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Earnings kick off Tuesday with Scotiabank and BMO

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The pension fund's net return was 3.8% for the six-month period that ended June 30

  • By: Staff
  • August 23, 2021 August 23, 2021
  • 11:44
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Equities helped drive results for the institutional investment managers

  • By: Staff
  • August 18, 2021 August 18, 2021
  • 13:44
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Surplus earnings rose to $935 million before member dividends, up by more than 70% from a year earlier

  • By: Staff
  • August 13, 2021 August 13, 2021
  • 13:37

Strong market appreciation boosted assets as the firm experienced net withdrawals in the quarter

  • By: Staff
  • August 12, 2021 August 12, 2021
  • 11:34
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The asset manager reported US$816 million, or 49 cents per share, in net income