Bank of Montreal
(TSX:BMO)
C$
139.11
-0.3 (-0.22%)
Market Cap: 101.53 Bil
Enterprise Value: 297.32 Bil
PE Ratio: 14.57
PB Ratio: 1.23
GF Score: 76/100 Great-West Lifeco Inc Virtual Fireside Chat with BMO Capital Markets Transcript
Nov 30, 2020 / 05:00PM GMT
Release Date Price:
C$93.33
(-3.55%)
Tom MacKinnon
BMO Capital Markets Equity Research - MD & Analyst
Good afternoon. Good afternoon, everyone. I'm Tom Mackinnon with BMO Capital. And this afternoon, we're happy to have Paul Mahon, who's the CEO of Great-West Lifeco for a virtual fireside chat. Good afternoon, Paul.
Paul Anthony Mahon
Great-West Lifeco Inc. - President, CEO & Director
Good afternoon, Tom. Glad to be with you this afternoon.
Questions & Answers
Tom MacKinnon
BMO Capital Markets Equity Research - MD & Analyst
Yes, great. So let's start with -- we're going to go through some questions. And so let's start with really the obvious topic of discussion, and that's what you've done lately, spending over $5 billion on Personal Capital, MassMutual's defined contribution recordkeeping business. Maybe just tell us what is the strategy behind this.
Paul Anthony Mahon
Great-West Lifeco Inc. - President, CEO & Director
Happy to start there, Tom. And obviously, it's been a key
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