financetom
Business
financetom
/
Business
/
Currency Exchange International Considering Options for Subsidiary Exchange Bank of Canada
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Currency Exchange International Considering Options for Subsidiary Exchange Bank of Canada
Jan 8, 2025 5:15 AM

07:47 AM EST, 01/08/2025 (MT Newswires) -- Currency Exchange International ( CURN ) .TO), which is focusing on its more profitable U.S. operations, overnight Tuesday said it is "actively" considering a range of strategic options for subsidiary Exchange Bank of Canada, a federally chartered non-deposit-taking Canadian Schedule I bank.

There is no assurance that the strategic review will result in any specific transaction, Currency Exchange ( CURN ) said in a statement.

Infor Financial has been retained as strategic advisor to assist in this process.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Calmer winds help Los Angeles firefighters as death toll hits 10
Calmer winds help Los Angeles firefighters as death toll hits 10
Jan 10, 2025
* Death toll in fires stands at 10, expected to rise * More than 10,000 structures destroyed * 'It looks like an atom bomb' dropped, LA County Sheriff says * Firefighters report progress in controlling some fires By Jorge Garcia and Rollo Ross LOS ANGELES, Jan 10 (Reuters) - A pause in the fierce winds that super-charged the ring of...
Russia's Gazpromneft says it was ready for new U.S. sanctions
Russia's Gazpromneft says it was ready for new U.S. sanctions
Jan 10, 2025
MOSCOW, Jan 10 (Reuters) - Russian oil producer Gazpromneft said on Friday it would continue to operate and maintain business resilience despite new U.S. sanctions which it called unjustified, illegitimate and contrary to the principles of free competition. Gazpromneft has been consistently preparing for various negative sanctions scenarios over the past two years. In addition, the company has already been...
Gencor Industries Gets NYSE Non-Compliance Notice
Gencor Industries Gets NYSE Non-Compliance Notice
Jan 10, 2025
10:58 AM EST, 01/10/2025 (MT Newswires) -- Gencor Industries ( GENC ) said Friday it received an NYSE American non-compliance notification on Jan. 3 due to its failure to submit its Form 10-K annual report. The company said it failed to comply with the NYSE American's listing requirements as it failed to file its Form 10-K for the fiscal year...
Absci Partners With Owkin to Develop Immuno-oncology Treatment Candidates
Absci Partners With Owkin to Develop Immuno-oncology Treatment Candidates
Jan 10, 2025
10:59 AM EST, 01/10/2025 (MT Newswires) -- Absci ( ABSI ) and Owkin said Friday that they formed a partnership to develop therapeutic candidates addressing novel targets in immuno-oncology and other indications such as inflammation. The partnership will use Owkin's predictive AI models to optimize target selection and validate therapeutic hypotheses, while Absci's ( ABSI ) generative AI Drug Creation...
Copyright 2023-2026 - www.financetom.com All Rights Reserved