Upstart bank Wealth One aiming for profitability amid trying times for Canada and China

The chief executive of Wealth One Bank of Canada says the Chinese-Canadian-focused financial institution is aiming for profitability within a year, a plan that comes as the lender has seen signs that the political climate in China has some clients considering shifting assets to Canada. Toronto-based Wealth One opened in 2016 intending to cater to the Chinese-Canadian community, which it does both online and in the Greater...