The Globe and Mail reports in its Tuesday edition that federal banking regulators and national-security agencies will insist on a high bar before Ottawa approves the sale of Wealth One Bank of Canada to Globalive Capital -- one that must entail the removal of a trio of Wealth One's founding shareholders. A triple-bylined item led by Robert Fife says that the former chair and chief executive officer of Wind Mobile, Anthony Lacavera, is leading a bid through his investment firm Globalive Capital to acquire a majority of Wealth One in a structure that would see a special purpose vehicle (SPV) take over the small lender, which caters to Chinese-Canadian clients. Globalive and partners would acquire 54 per cent of Wealth One for about $51-million. A source in Ottawa told The Globe that the proposal would have to meet a high threshold that includes the Office of the Superintendent of Financial Institutions (OSFI) and the Canadian Security Intelligence Service (CSIS), which has national-security concerns about three principal Wealth One investors. The three main investors of Wealth One are Toronto insurance executive Shenglin Xian, Vancouver property developer Morris Chen and Toronto grocery tycoon Yuangsheng Ou Yang.