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Discussion forum General financial discussion pc financial assets

pc financial assets
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11:30 am
November 20, 2010


leo

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does any one know the exact value of pc financial assets. I know icic has about $5 billion and ING direct has about $28 billion but i cant find any figures about pc financial any info or link to a web address would be helpfull

12:56 pm
November 20, 2010


Doug

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I would PC Financial's assets and liabilities (i.e., mortgages, loans and deposits) would be lumped in with those of CIBC since they essentially operate as the direct banking division (i.e., branch/transit) of CIBC. I don't have an exact number off hand but CIBC's total assets would be at least several hundred billion.

Cheers,
Doug
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