Combination effective December 30
Will merge El Salvador unit with Banco de Comercio
But year-to-date deal volume well ahead of 2003
Sale expected to generate $25 million after-tax gain
Plans shares consolidation
No affect from sale of asset management business
Laurentian Bank to distribute IA mutual funds
Flexible, less integrated financial groups may replace large, fully integrated organizations
Plans merger with Banco de Comercio
HEPCOE Credit Union and Niagara Credit Union announced today that directors at both firms have signed an amalgamation agreement. The merger, if approved by regulators and credit union members, will create the largest credit union in Ontario.The new credit union will launch next spring with over 40 branches across south- central Ontario including the Niagara […]