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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Bullboard Posts
Comment by MDawg65on Jun 01, 2017 6:46pm
80 Views
Post# 26313967

RE:Soon, The new CEO from Bank of Canada

RE:Soon, The new CEO from Bank of Canada"Both major shareholders from Bay Street have been reinforcing this initiative , and are in regular contact with their former colleague Morneau."

here is his bill morneau's "business" history- he inherited his father's company.

he was not a colleague of any of the "major shareholders" from Bay street because he didn't work on Bay street- he was the son of the founder of a HR consulting company.  

I don't know where you are getting your inside scoops from but they seem really fishy to me.  


And again if you pay a bit closer attention to the interviews that Hibben has given, it will be the directors like himself and Sales and Lameroux whose rolodexs will be scourred looking for candidates. and Im sure they are hiring a top search agency .   Whomever they decide is the best candidate, Im ok with.  But please stop posting nonsense like you have an inside track on us all that you know what is going on- before the rest of us- because that's dangerous talk- you've already falsely implicated a minister of the crown in  potentially unethically conversations which Im sure never happened, and you are  publicly insinuating that you have insider information about the next CEO.  but if you actually did have that knowledge and publicly tout it and trade on it and make a big profit, you will be next in line at a hearing at the OSC. So perhaps you can be more judicious in your posts- Im optimistic about the hiring of the CEO but I don't think you need to make up stories to make us alll feel better or pretend you have a scoop.  because your rumours don't make any sense at all. 


Business career[edit]

Bill Morneau's father, Frank Morneau, founded the actuarial and benefit consulting firm W.F. Morneau & Associates in 1966. By 1985, the firm had grown to annual revenue of $5 million.[4] Bill Morneau joined the company in 1987. Morneau held positions of increasing senority at his father's company including appointments as president in 1992, president and chief executive officer in 1998, and chair and chief executive officer in 2008.[5]

As executive chair of Morneau Shepell, the largest Canadian human resources services organization with offices across North America, Morneau led the firm through a period of growth from approximately 200 employees in 1992 to almost 4000 in 2015. Under his leadership the firm has gone through several significant changes, including the acquisition of Sobeco from Ernst & Young in 1997, going public on the Toronto Stock Exchange in 2005, and the acquisition of Shepell-FGI in 2008.[6]


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