Christine Dobby

Canadian Imperial Bank of Commerce is testing a new artificial-intelligence workspace with about 250 handpicked employees as the company weighs how quickly it can expand access to a tool that is more powerful — and more expensive — than its first internal chatbot.

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Richard Tory, president of Morgan Stanley’s Canada investment-banking business, is leaving the firm to join Bank of Nova Scotia.

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Bank of Montreal topped estimates on better-than-forecast results at its US banking and capital-markets divisions, and across the company, as it pushes to improve profitability after streamlining operations and reworking the balance sheet.

Bank of Nova Scotia topped estimates on better-than-expected results at its capital-markets unit as it continues to benefit from elevated market volatility, while also outperforming in its international division and across the rest of its businesses.

Royal Bank of Canada is carving out a business line to expand its US and Canadian cash-management services, part of a bid to win more work from corporate clients as it pushes further into European, Middle Eastern and Asian markets.

Bank of Nova Scotia topped estimates on better-than-expected results at its capital-markets unit as it continues to benefit from elevated market volatility, while also outperforming in its international division and across the rest of its businesses.

In between offering advice on how to find the best towels and where to buy affordable versions of high-end garments, Bryce Gruber recently waded into the US-Canada trade war, warning her social-media followers that some of their favorite makeup is about to get more expensive.

National Bank of Canada reported profit that beat analysts’ estimates in all three of its main business lines.