National Bank of Canada Announces New Directors and Acquisition

National Bank of Canada has made several key announcements in recent times. The company has elected new directors, including Scott Burrows and Sarah Morgan-Silvester, who will join the Board of Directors.

• Scott Burrows
  • Position: New Director
  • Background: Not specified
• Sarah Morgan-Silvester
  • Position: New Director
  • Background: Not specified

The bank has also signed a deal to acquire PGM Global Holdings, a Montreal-based provider of institutional trading services. The acquisition is expected to enhance the bank’s capabilities and complement its existing services.

• Acquisition Details
  • Acquired Company: PGM Global Holdings
  • Location: Montreal, Canada
  • Services: Institutional trading services
• Impact on the Bank
  • Expected benefits: Enhanced capabilities and complemented services

The news has been well-received by investors, with the bank’s stock experiencing a slight increase in value.