The bank is the farthest along in this process among the Big Six
Rising loan losses, growing expenses eating into banks' bottom lines
Latest increase ensures banks have a cushion to absorb rising credit losses
Economists expect the central bank to sound hawkish on Wednesday while holding rates steady
FCAC charged with selecting single, external complaints body
Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders
Revenue growth across major business segments was outpaced by rising costs
Net income for wealth management was down 12% from a year ago
Household debt concerns put upward pressure on capital ratios
Amid growing challenges, Canadian banks still well positioned to absorb headwinds