ATB Financial signs deal to acquire independent investment bank Cormark Securities
Summary
ATB Financial has signed an agreement to acquire Cormark Securities, an independent investment bank with offices in Toronto and Calgary. The deal will bring Cormark’s investment banking, equity research, and institutional trading operations under ATB Capital Markets. The companies plan to integrate their businesses once the transaction closes, pending customary conditions and regulatory approvals. Leadership roles will shift as part of the integration, with Darren Eurich leading ATB Capital Markets and Cormark executives taking new positions.
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