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Scotiabank Adapts Its Mortgage Business – Mortgage Rates. – · Scotiabank Adapts Its Mortgage Business. There’s no better glimpse of human resource efficiency than at its Tangerine subsidiary. Tangerine serves two million customers with just 1,000 employees (compared to 23 million with more than 89,000 employees at Scotiabank).
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Tangerine names new CEO – Which Mortgage Canada – Tangerine Bank, a subsidiary of Scotiabank, is set to embark on new growth plans as it recently welcomed its new president and CEO. Gillian Riley, who was appointed to fill in the position effective Dec. 1, will be responsible for setting and spearheading Tangerine’s strategic objectives to solidify its position in Canada’s digital banking industry.
Service going downhill at Tangerine | Tangerine Bank. – · They’ve made their big changes as far as ending product or business lines goes: they ended the relationship with deposit brokers, then with mortgage brokers to give Scotiabank less competition in the mortgage broker channel (where it remains the #1 originating lender) and put about $20 billion of ING DIRECT Canada’s $25 billion mortgage portfolio into "run-off" (i.e., that means, for.
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