B2B Trust becomes federally chartered B2B Bank to better reflect the nature of its loan and deposit activities. Laurentian Bank proceeds with the acquisition of AGF Trust, which consolidates B2B Bank’s positioning as leading provider of products and services to independent financial advisors across Canada. In order to reinforce its capitalization, Laurentian Bank goes ahead with capital issues in the order of $482 million, and its total assets surpass the $35 billion mark.
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