“Underused” strategy: Sale of life policy to corporation
- By: Perry Truster
- June 15, 2010 December 15, 2017
- 23:15
The deal will see Loblaw take about a 16% stake in the bank
Its Canadian wealth management revenue was up 18% in the quarter from a year earlier
The bank also appointed Tammy Brown to its board of directors
The bank's wealth management business earned $699M in the quarter
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