Mergers & Acquisitions

Mergers and acquisitions cool alongside economy

Economic Indicators

Mergers and acquisitions cool alongside economy

Deal activity settling at lower level, post-pandemic, Crosbie & Co. reports

By James Langton |May 3, 2023

2 min read

S&P cuts CI Financial’s credit rating to junk

Industry

S&P cuts CI Financial’s credit rating to junk

Following CI's request to withdraw coverage, S&P dropped its rating for the asset manager

By Rudy Mezzetta |May 2, 2023

3 min read

HSBC expects later close of Canadian division sale to RBC

Industry

HSBC expects later close of Canadian division sale to RBC

Both the Competition Bureau and OSFI are reviewing the transaction, which requires approval from the finance minister

By Staff, with files from The Canadian Press |May 2, 2023

2 min read

Decorative pattern

Industry

First Republic Bank seized, sold to JPMorgan Chase

Customers pulled out more than US$100 billion in deposits after SVB and Signature Bank failed

By Ken Sweet, The Associated Press |May 1, 2023

4 min read