The $4.45-billion transaction is expected to close in the first quarter of 2022
Trading revenues plunge from 2020 highs, but investment banking provides some solace
Another GWL subsidiary, Irish Life, has struck a deal to acquire Ark Life Assurance Company
In a record year for banking fees, four Canadian firms have edged into the top 25
The tech sector, private equity buyouts and SPACs all drove the deal-making frenzy
Both firms now operate under the Investia banner
The deal is the latest in a string of purchases that will bring the firm's U.S. assets to US$68 billion
The investment in Loop Capital allows the bank to expand its U.S. wealth management business
Tech sector was hot, and cross-border deals were robust
Terms of the deal, which is expected to close on Sept. 1, were not disclosed