Smaller banks less diversified than Big Six, but still poised for growth
Economic outlook supportive for banks, but risks are all to the downside
Bank is outperforming the rest of the Big Six, rating agency reports
Joanna Rotenberg to head up new Vanguard division, plus appointments at Ninepoint and CIRO
Loans and margins are growing, but credit provisions and expenses up too
A mix of executive and advisor moves were announced
Revenue for the quarter totalled $6.62 billion, up from $5.85 billion in the same quarter last year
Adjusted earnings were down in what chief executive Bharat Masrani called a challenging quarter
BMO Financial Group significantly missed analyst earnings expectations
Latest office launch in Halifax follows Frederiction launch earlier this autumn