Wealth management profit was up by 24% on higher interest rates
Wealth management profits increased despite lower fee-based revenues
AUM, wealth management revenue dropped amid challenging market conditions
HSBC signalled it was looking to sell its Canadian business back in October
Anthony Ostler also called for more consumer protection in the emerging payments space
Net inflows in retail wealth management dropped by 87%
Economists calling for a 75-basis-point hike next week
Consumers and sectors are expected to be disproportionately affected
It is the seventh largest bank in Canada and operates more than 130 branches across the country
Rising prices are cutting into retirement contributions