Cost reductions offset lower revenue
Northern Financial Corp. has sold eNorthern, its discount online brokerage business, to Questrade Inc.The company says eNorthern was a non-core division of Northern Securities Inc., a full service brokerage firm and wholly owned subsidiary of Northern. “eNorthern contributed an insignificant amount of revenue to the overall business of Northern Securities,” it says.Terms of the sale, […]
Firm seeks hearing with OSC over UMIR
Proceeds will be an investment of working capital in its Northern Securities subsidiary
Finley, Barcellona join Northern team
Trading revenue doubles
Expands capital markets group
Synyshyn joins Private Client Group team
Beefs up private client and capital markets groups