Igm Financial profit edges up on sales, assets
IGM Financial, Canada's No. 2 asset manager, said on Thursday its third-quarter profit edged up 1.4 percent, helped by higher sales and assets under management, but offset by a litigation charge.
M&T BANK, the American lender in which AIB is the largest shareholder, has reported a 22% fall in annual profits after taking a $127 million write-down in the value of investments linked to subprime mortgages.