The bank slowed down on provisions for credit losses as payment deferral requests dropped
The fall season will be a "challenging" time for the economy, the CEO says
Insurance and financial services helped offset losses in banking
Profits have slumped 70% year over year as bad loans pile up
Net income for the bank’s wealth management business increased 37% year over year
Strong results in global banking, wealth management offset hit to retail banking
Growth may come from wealth management and capital markets
The firm’s AUM was up 14% year over year
Pandemic caused asset manager to revalue its real estate portfolio
Insurer's net income for Q2 fell below analysts' expectations