5 h. ago Laurentian Bank bowing out of retail banking from stiff competition: CEO

The head of Laurentian Bank of Canada says the country’s retail banking industry had become too competitive for it to try and go it alone. The bank announced Tuesday it was splitting itself up with plans to effectively give its retail and small and medium business segments to National Bank, and sell its commercial operations […]

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51 h. ago Brompton Split Banc Corp. Announces Successful Preferred Share Offering

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Dec. 03, 2025 (GLOBE NEWSWIRE) — (TSX: SBC, SBC.PR.A) Brompton Split Banc Corp. (the “Fund”) is pleased to announce a successful offering of preferred shares (“Preferred Shares”). Gross proceeds of the offering are expected to be approximately $38.2 million. The […]

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60 h. ago Laurentian Bank failed to keep up with the times, analysts say

According to its 2022 annual report, it had one of the worst efficiency ratios — a measure of its ability to control overhead expenses — of any bank in Canada.

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3 d. ago What Laurentian Bank customers can expect amid sale to National Bank

Laurentian Bank’s retail customers are poised to move to National Bank, the latest in a wave of consolidation in the banking industry. In a split-sale agreement, National Bank will take over Laurentian’s retail loans and deposits as well as the small business segment while Fairstone Bank of Canada acquires the commercial operations. While the length […]

Society

3 d. ago Laurentian Bank announces split sale to Fairstone Bank and National Bank

MONTREAL —Laurentian Bank is being split up and sold, its commercial operations going to Fairstone Bank of Canada in a $1.9 billion deal while National Bank is buying the retail and small business segment for roughly book value. The deal is the culmination of years of struggles at the more than 175-year-old bank to turn […]

Society

3 d. ago Fairstone Bank to buy Laurentian Bank of Canada for $1.9 billion

National Bank to acquire Quebec bank's retail and small business portfolios

Economics

9 d. ago Tilray Brands Announces Implementation of Previously Approved 1

Common Stock Expected to Begin Trading on a Split-Adjusted Basis on December 2, 2025 NEW YORK, Nov. 26, 2025 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray Brands”, “Tilray” or “the Company”) (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company at the forefront of the global cannabis, beverage, and wellness industries, today […]

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9 d. ago Partners Value Split Corp. Announces Establishment of Normal Course Issuer Bid

TORONTO, Nov. 26, 2025 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”, TSX: PVS.PR.H, PVS.PR.J, PVS.PR.K, PVS.PR.L, PVS.PR.M, PVS.PR.U, PVS.PR.V) announced today it has received approval from the Toronto Stock Exchange (“TSX”) to commence a normal course issuer bid (the “Bid”) to purchase up to 10% of the public float of each series of […]

Culture

2 w. ago Financial 15 Split Corp. Successful Overnight Offering of Preferred Shares

A high-quality portfolio consisting of North American Financial Services Companies TORONTO, Nov. 18, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (the “Company”) is pleased to announce it has completed the overnight offering of Preferred Shares (TSX: FTN.PR.A) of the Company. Total gross proceeds of the offering are expected to be approximately $92.2 million. The […]

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2 w. ago Financial 15 Split Corp. Announces Overnight Offering of Preferred Shares

A high-quality portfolio consisting of North American Financial Services Companies TORONTO, Nov. 17, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (the “Company”) is pleased to announce it will undertake an offering of Preferred Shares (TSX: FTN.PR.A) of the Company. The offering will be led by National Bank Financial Inc. The sales period of this […]

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