In the Money with Amber Kanwar

Gimme a Crisis: Lessons From Scotiabank’s Rick Waugh


Listen Later

This week on In the Money with Amber Kanwar, it’s a different kind of conversation — no portfolio managers, no mailbag, just an honest, wide-ranging “good hang” with two Canadian heavyweights.

Amber sits down with bestselling author Howard Green, whose book Gimme a Crisis tells the remarkable story of former Scotiabank CEO Rick Waugh, who joins the conversation too. Together, they dive into the moments that defined Canada’s banking system — and Waugh’s extraordinary career — from Argentina’s collapse to the 2008 financial crisis and what came after. Along the way, they unpack why Canada’s banks emerged as some of the strongest and most stable in the world — and what lessons that strength holds for the future.

It’s part history, part leadership masterclass, and part storytelling gold — a rare glimpse into how crises shape character, business, and a nation.

Timestamps
0:00 Show intro
02:15 The story of how this book came to be
06:40 A book about Rick and the Canadian banking system
09:20 Numbers are important but personalities are just as important
11:00 Dealmaking, meeting Donald Trump and what it takes for Canada to win 

14:30 Assessing risk and Canada’s banking sector
16:50 A crisis: the story of Scotiabank in Argentina
23:40 Scotia’s international expansion under Rick
28:00 Competition and Canadian banks in the U.S.
30:30 Opportunities for Canada’s banking sector. If the U.S. was a stock would you buy or short?
34:00 How can Canada get out of its own way?
36:40 The Financial Crisis
46:15 Parallels between today and the financial crisis
49:00 How EBITDA changed Rick’s life! 


Sponsors

For 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.

Pro Picks is brought to you by ATB Financial.  Visit https://ATB.com/inthemoney for more information

Links

https://inthemoneypod.com/ 

https://instagram.com/inthemoneypod

https://facebook.com/profile.php?id=61569721774740 

https://twitter.com/inthemoneypod 

https://tiktok.com/@inthemoneypod

[email protected]

DISCLAIMERS 

The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.

In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.


Contact: [email protected]


#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews


...more
View all episodesView all episodes
Download on the App Store

In the Money with Amber KanwarBy Amber Kanwar

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like In the Money with Amber Kanwar

View all
More Money Podcast by Jessica Moorhouse

More Money Podcast

117 Listeners

Michael Campbell's Money Talks by HPC Inc.

Michael Campbell's Money Talks

80 Listeners

The Dividend Guy Blog Podcast by Dividend Guy

The Dividend Guy Blog Podcast

64 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

The Rational Reminder Podcast

468 Listeners

ARC ENERGY IDEAS by ARC ENERGY RESEARCH INSTITUTE

ARC ENERGY IDEAS

26 Listeners

The Canadian Investor by Braden Dennis & Simon Belanger

The Canadian Investor

79 Listeners

The Peak Daily by The Peak / Curiouscast

The Peak Daily

14 Listeners

The Decibel by The Globe and Mail

The Decibel

112 Listeners

TLDR by Devin Friedman, Sarah Rieger, Matthew Karasz

TLDR

27 Listeners

Angry Mortgage by Ron Butler

Angry Mortgage

12 Listeners

The Canadian Real Estate Investor by Daniel Foch & Nick Hill

The Canadian Real Estate Investor

33 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

17 Listeners

Long Term Investing - With Baskin Wealth Management by Barry Schwartz

Long Term Investing - With Baskin Wealth Management

8 Listeners

Market Call by BNN Bloomberg

Market Call

17 Listeners

The Wealthy Barber Podcast by The Wealthy Barber Inc.

The Wealthy Barber Podcast

58 Listeners