TORONTO, March 4—The combined net income of Canada’s Big Six banks in 2010 exceeded net income from the previous year by more than $6 billion, and with these strong earnings there are continued opportunities for growth and innovation, despite a tougher and more complex regulatory environment, says a report from PwC.
Canadian banks will be focusing their attention on pursuing growth, managing risks and investing in innovation, state the authors of Canadian Banks 2011: Perspectives on the Canadian....