The founder and deputy chair of Sunderland-headquartered wealth management firm Fairstone has stepped down from the board.

John Turley-Ewart is a contributing columnist for The Globe and Mail, a regulatory compliance consultant and a Canadian banking historian. Canada is no country for small banks. And this year is full ...

Laurentian Bank of Canada has signed agreements to split and sell its commercial operations to Fairstone Bank and the retail and small medium enterprise (SME) banking portfolio to National Bank of ...

The total cash consideration is about C$1.9 billion The deal is expected to close by late 2026 As part of the deal, National Bank of Canada will acquire Laurentian Bank’s retail and small business ...

Laurentian Bank of Canada is accelerating its 2024 strategic plan with a major restructuring that will see it exit retail and SME banking, refocus as a specialty commercial lender and be acquired by ...

Laurentian Bank of Canada’s latest narrative update comes with a moderate lift in its fair value estimate to CA$32.88 from CA$29.89, as analysts grow slightly more confident in its long term earnings ...

Deal at 20% premium over last close Fairstone deal boosts real estate, Québec focus National to buy Laurentian retail, SME portfolios Dec 2 (Reuters) - Fairstone Bank said on Tuesday it will buy peer ...

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 ...

Investing.com -- Laurentian Bank has reached an agreement to sell itself to Fairstone Bank for C$1.9 billion ($1.4 billion), as part of its strategy to refocus on commercial-lending operations. The ...

Laurentian Bank of Canada's shares rallied to their highest price in more than two years after it reached a deal to be broken up and sold to alternative lender Fairstone Bank and National Bank of ...