International Banking: Pacific Alliance Financial Performance
Revenue Growth
Canadian Banking1
International Banking 1, 2, 3
-10%
-2%
Y/Y
Y/Y
2,707
2,648
2,566
2,985
68
-32%
859
+1%
2,548
2,561
834
864
699
35
46
Y/Y
Y/Y
539
508
-24%
Y/Y
1,848
1,732
1,784
2,219
-3%
1,974
2,007
-4%
Y/Y
Y/Y
Q1/20
Q4/20
Q1/21
Q1/20
Q4/20
Q1/21
Business Banking
Latin America
C&CA
Asia
Retail Banking
Global Wealth Management
Global Banking and Markets5
+20%
+5%
Y/Y4
Y/Y
1,390
-16%
1,2696
1,336
149
1,210
1,157
1,165
Y/Y4
+16%
405
469
405
Y/Y
178
145
204
199
240
+18%
1,241
+27%
Y/Y
979
1,020
Y/Y
660
606
627
-5%
Y/Y
Q1/20
Q4/20
Q1/21
Canada
International
1 May not add due to rounding
2 Y/Y growth rates are on a constant dollar basis
Q1/20
Q4/20
Q1/21
Business Banking
Global Equities
FICC
3 Excluding impact of divestitures and on a constant dollar basis, revenue growth in international banking was -5% Y/Y (Latin America -4%, C&CA -12%, Asia +45%)
4 Excluding impact of divestitures, Global Wealth Management revenue up 21% Y/Y and International Wealth Management revenue down 12% Y/Y
5 GBM LatAm revenue contribution and assets are reported in International Banking's results
Adjusted for Q1/20 derivative valuation adjustment of $102mm pre-tax
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