New appointments come a week after four board members opposed to the takeover resigned
Restructuring effort still a challenge, as major business lines grapple with revenue, profit headwinds
As capital markets froze, M&A dried up and bank revenues dropped
Weakness in investment banking to be offset by strong trading activity
Banks' investment banking fees likely dropped, trading held up: Moody's
The combined business will operate as TD Cowen, a division of TD Securities
RBC and BMO remain among top 25 as global fees slide
Debt market activity declines, high yield craters, Refinitiv reports
Unrealized securities losses surge as Treasury yields spike
Underwriting fees drop, but completed M&A revenues rise