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The number of seniors living in poverty has declined slightly

The bank saw record earnings in capital markets and growth in wealth management

A reduction in expenses and an improvement in retail sales helped offset another quarter of net redemptions

Net income was up 3.8% for the full year

For the full year, the insurer’s net earnings grew 16.7%

Revenue in global wealth management operations was up 10.7%

  • By: IE Staff
  • February 6, 2020 February 6, 2020
  • 13:07

The latest quarterly reports were a mixed bag: acquisitions; lower profits for some companies; and raised dividends

Analysts forecast a fourth straight quarter of falling profits

The bank reported $1.19 billion of net profit in Q4

The bank earned $2.86 billion in the fourth quarter, down from $2.96 billion a year earlier