OSC Killing Home Capital Group
http://business.financialpost.com/fp-comment/terence-corcoran-the-kool-aid-man-out-to-kill-home-capital-raises-a-glass-to-the-osc
hcg
Home Capital Buyout Rumours
So who’d want to buy Home Capital Group and why? Before considering who, let’s first consider why. What would the buyer of Home Capital get and how might this transaction be structured? First, could a big bank wring value from… Continue Reading
OSC should be blamed for Home Capital destruction
http://business.financialpost.com/fp-comment/terence-corcoran-home-capital-group-didnt-just-fall-from-the-edge-of-a-cliff-it-was-pushed
Home Capital is Desperate
Home Capital Group announced it has secured a $2 billion line of credit that will carry an interest rate of 10% and a 2.5% standby fee. They also announced their HISA deposits have fallen y more than $500 million in the… Continue Reading
Home Capital Group Looking Bad
I remember when Home Capital was a darling of Bay Street, when it was gaining customers by focusing on segments of the mortgage market that were disregarded by the big banks. I remember HCG was issuing credit cards to its… Continue Reading