Net income for wealth management was down 12% from a year ago
Net income for global wealth management was down 7% from the previous year
Desjardins, IG and CPP Investments made senior appointments
A special committee of independent directors is opposing the offer
MacAlpine declined to provide the share of the U.S. business it would spin off
Canadian wealth management revenue dropped 4.6%, and AUM was down 3.9%
Ontario's Ministry of Finance says it is still assessing the OSC's report a year after it was submitted
Top 40% of households put more into their savings
There were shifts in Canada and the U.S. at a couple major firms
AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year