A BoC rate decision, more big bank earnings and Q1 GDP numbers are coming this week
The Greystone acquisition led to a bump in AUM
Profits were propelled by loan growth and higher interest rates
Retail banking losses were offset by wealth management gains
The wealth management and life insurance segments also saw smaller gains
Bigger contribution from IGM offset by lower earnings from life insurance companies
Lower operating expenses did not offset decline in revenues
The U.S. divisions saw strong growth
The firm's revenues also declined
Expect tepid performance, but don’t believe the U.S. hedge funds