this post was submitted on 11 Jan 2024
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affairesdepiasses@lemmy.ca
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Wealthsimple is starting to look like Canada’s next big bank (www.theglobeandmail.com)
submitted 8 months ago by affairesdepiasses@lemmy.ca to c/personalfinancecanada@lemmy.ca
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[–] Cobrachickenwing@lemmy.ca 1 points 8 months ago

It's why Laurentian bank is still looking for a buyer. Wealth Simple could have at least some banking assets already and simply build out their web presence. That they didn't means power Corp didn't want to get into the banking business.