PREVIOUS BUSINESSES HIGHLIGHTS:
Bayshore established a joint venture with Barclays Bank UK to offer customers independent news and information, a comprehensive suite of interactive analytical features and integrated transaction processing. Bayshore’s interest in the joint venture was subsequently acquired by Barclays Bank.
Bayshore Leasing was one of the first Canadian leasing companies to harness the Internet as a primary means of business origination and delivering vendor support. It was acquired by Leasing Solutions, Inc. in 1998.
Bayshore Trust was one of the most technologically advanced financial institutions in North America. In 1996, it was sold to Trimark Financial Corporation, a leading mutual fund company (Trimark’s 1996 assets: US$11 billion).
Footprint Software Inc. grew to be a leader in the development of financial services software. It was sold to IBM Corp. in 1995.
i|money was the first independent website to allow consumers to research, compare and purchase a wide variety of financial products offered by Canada's leading financial institutions. In 1999, i|money was acquired by Quebecor, Canada’s leading printing and publishing conglomerate.
Bayshore launched Priority Brokerage, Inc., a pioneer in Canada’s on-line discount brokerage market. Bayshore sold Priority to Charles Schwab & Co., Inc. in 1999.
Bayshore was a founding shareholder in 724 Solutions (NASDAQ: SVNX). Other key investors include Citigroup, Bank of America, Wells Fargo and Bank of Montreal. 724 Solutions completed Canada’s largest-ever technology IPO in January 2000.
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