Professional advice, financial plan provide significant confidence boost
Net income for global wealth management was down 7% from the previous year
Amid growing challenges, Canadian banks still well positioned to absorb headwinds
Canadian equity issuance dropped sharply in 2022, and debt down too
Lagging effects of higher rates to impact banks' bottom lines this year
Higher net interest income may be the only bright spot for Canadian banks in 2023
AUM, wealth management revenue dropped amid challenging market conditions
A key question for analysts will be how much banks are profiting from their loans
Equity market activity and corporate debt issuance tumble in first nine months of 2022
Rising credit provisions and weak markets weighed on Q3 profits