National Bank of Canada Announces New Directors and Acquisition
National Bank of Canada has announced the election of new directors to its Board. Scott Burrows, Sarah Morgan-Silvester, and Irfhan Rawji have been appointed to the Board of Directors.
New Appointments
- Scott Burrows
- Sarah Morgan-Silvester
- Irfhan Rawji
Acquisition of PGM Global Holdings Inc.
National Bank of Canada has signed a deal to acquire PGM Global Holdings Inc., a Montreal-based provider of institutional trading services. The acquisition is expected to enhance National Bank’s capabilities and complement its existing services.
Market Reaction
The company’s stock price has shown a slight increase following the announcement, indicating a positive market reaction to the news.