The cooperative financial group plans to remain active in the space
Surplus earnings rose to $935 million before member dividends, up by more than 70% from a year earlier
The cooperative reported surplus earnings of $798 million before dividends, powered by lower credit loss provisions
Jimmy Jean succeeds François Dupuis, who is retiring after more than 30 years with Desjardins
Despite ESG asset growth, more asset managers need fully integrated processes, an EY report says
The fund will initially start at $50 million
The firm's surplus earnings dropped 29% year over year
Rating outlooks are stable as key risks subside
The changes were announced following an internal review of a privacy breach
Desjardins said it's spent $70 million implementing protections for members following a data breach