Filip
Senior Member
Manulife went from 1/2 of AIG's size by market cap to 5 times as large in a very short time. This could be very big news for Manulife and hence the city.
Someone on another board hinted at this: what are the chances of Manulife staying in Toronto after acquiring AIG? Their North American operations are defacto ran out of Boston through John Hancock and their Canadian operations are mostly run out of Waterloo... Toronto just has the official HQ. I personally hope Manulife acquires CIBC since that would guarantee their head office staying here.