Canadian Western Bank CEO on Buying a Wealth Manager

Canadian Western Bank CEO on Buying a Wealth Manager

Assessment

Interactive Video

Business

University

Hard

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The video discusses the deployment of funds for acquiring a wealth manager in British Columbia, considering the branch footprint from Winnipeg to Vancouver Island. It explains the capital deployment strategy, highlighting recent acquisitions like Maxine Financial and the GE business. The focus is on finding a strategic fit for mid-market lending, aiming to provide comprehensive financial services beyond lending, including personal banking and wealth management.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key characteristics of the ideal candidate for acquisition in wealth management?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the company aim to provide financial services beyond lending?

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