Alex Besharat to retire, prompting shuffle at Scotiabank’s Canadian wealth management division
The bank's profit amounted to 76 cents per diluted share for the quarter ended Jan. 31
China leads global drop, Canada down too, defying rich country rise
Rating activity skewed to downside in early 2025, but outlook is more balanced
The bank's wealth management and capital markets businesses helped push the profit up from $1.29B a year ago
The bank's Q1 profit was down from a year ago
Strong capital markets drive revenues, profits higher in Q4
Data gaps on shadow banking sector a key priority alongside reform adoption
Regulator details array of policy plans for federally regulated financials
CIRO plans to facilitate voluntary participation in federal open banking effort