Smith Financial News Today

TORONTO — Smith Financial Corp. is merging a pair of its portfolio companies in a move it says will create the leading alternative lender in Canada.

Fairstone Bank of Canada ("Fairstone Bank") and Home Trust Company ("Home Trust") today announced the signing of a definitive agreement to merge their respective businesses. This transaction will create the leading alternative lender in Canada and boast an extensive Canadian footprint servicing more than 2 million customers with more than 250 branches from coast to coast. The combined business will offer diversified product lines, including residential and commercial mortgage...

Smith Financial is merging Fairstone Bank of Canada and Home Trust Co., to create foothold in alternative lender sector in Canada. Read on.

Billionaire financier Stephen Smith is merging recently acquired Home Trust Co. with Fairstone Bank of Canada in a deal he values at about $5-billion to…

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Combined company will have more than two million customers with more than 250 branches

TORONTO — Smith Financial Corp. is merging a pair of its portfolio companies, Fairstone Bank of Canada and Home Trust Co., in a move they say will create the…

TORONTO - Smith Financial Corp. is merging a pair of its portfolio companies in a move it says will create the leading alternative lender in Canada.

Virtual Meeting via Live Webcast https://web.lumiagm.com/440146718 This Notice, Management Information Circular and the accompanying materials require your...

Laurentian Bank would likely attract interest from all of the major banks and could fetch $2.6 billion if it goes up for sale. Read on.