Industry News

Laurentian bowing out of retail banking from stiff competition: CEO Laurentian bowing out of retail banking from stiff competition: CEO

Industry

Laurentian bowing out of retail banking from stiff competition: CEO

The bank announced this week it will be split and sold to Fairstone and National Bank

By Ian Bickis, The Canadian Press |December 5, 2025

2 min read

Banks face ‘deteriorating’ outlook: Fitch Banks face ‘deteriorating’ outlook: Fitch

Economy

Banks face ‘deteriorating’ outlook: Fitch

Tepid growth expectations, downside risks weigh on banks' fortunes

By James Langton |December 5, 2025

1 min read

EQB to acquire PC Financial from Loblaw for about $800M EQB to acquire PC Financial from Loblaw for about $800M

Industry News

EQB to acquire PC Financial from Loblaw for about $800M

The deal will see Loblaw take about a 16% stake in the bank

By The Canadian Press |December 4, 2025

2 min read

CIBC profits rise on broad gains including from increased U.S. exposure CIBC profits rise on broad gains including from increased U.S. exposure

Industry News

CIBC profits rise on broad gains including from increased U.S. exposure

Its Canadian wealth management revenue was up 18% in the quarter from a year earlier

By Ian Bickis, The Canadian Press |December 4, 2025

3 min read