While one market is stabilizing, the other is going cold
The additions are part of the bank’s push to expand in a division that includes online investing, advice, and asset management
But the increase may also lead to better returns for savers
The bank will acquire the institutional money manager for roughly $792-million in stock and cash
This is despite the Canadian economy's growth failing to exceed 2% for 3 straight quarters
Foreigners are slowly but surely making themselves felt, especially in the luxury housing segment
Canada's Big Five banks reported a collective second-quarter profit of $10.6 billion, up nearly 11 per cent from a year ago
It's no longer an issue of if, but when the Bank of Canada raises interest rates
The Bank of Montreal joined its peers in delivering second-quarter profits