National Bank of Canada wins final regulatory approval for Laurentian Bank retail, SME portfolio deal

• Canadian investment and securities regulators cleared the planned break-up deal for Laurentian Bank’s retail and small-business operations.
• National Bank will acquire Laurentian’s personal and SME banking portfolios, with closing targeted for Nov. 1, 2026.
• Fairstone Bank is set to buy all outstanding Laurentian common shares, completing the parallel acquisition leg.
• Retail and SME products and services are expected to migrate to National Bank by the end of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Bank of Canada published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.