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EQB Inc T.EQB

Alternate Symbol(s):  EQGPF

EQB Inc. is a digital financial services company, with combined assets under management and administration. Through its subsidiary, Equitable Bank, offers banking services. It operates through two main divisions: Personal Banking and Commercial Banking. Personal Banking operates through five business lines: EQ Bank, residential lending, wealth decumulation, and consumer lending through partnerships, a segment added with the Concentra Bank acquisition, and payments as a service supporting its fintech partners. Its diversified product suite consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages, insurance lending, and payment infrastructure partnerships. Commercial Banking operates through seven business lines: business enterprise solutions, commercial finance group, multi-unit insured, specialized finance, equipment leasing, credit union and Concentra trust. It provides personal and commercial banking through its EQ Bank platform.


TSX:EQB - Post by User

Bullboard Posts
Comment by Stoogeon Apr 20, 2020 10:01am
146 Views
Post# 30929273

RE:Has your executive team been worth several hundred million ?

RE:Has your executive team been worth several hundred million ?I will think twice before buying stock in a company that overpays it's board and executives but this is the rule rather than the exception so it is hard to find companies where earnings are not skimmed off in this way.

Attempts by shareholders have been made to limit top remuneration to say 10 X the average salary but they seem to fail. I suspect execs get fund managers on-side to defeat shareholders' motions.

Governments won't do anything either because they are in cahoots with the ruling elites. After all western governments allow business interests to persuade us to part with our money and stuff ouselves with junk food and drink untill we are a wobbling mass of health care dependents ... unable to stand up to a virus.
Bullboard Posts