Canada’s Challenger Bank Makes Big Move — EQB to Absorb PC Financial
A major shake-up in Canadian banking — digital lender EQB Inc. has struck a deal to acquire PC Financial (formerly the banking arm of retail conglomerate Loblaw Companies Ltd.). The acquisition, valued at around CAD 800 million, will see EQB take over PC Financial’s credit-card portfolio, insurance subsidiaries, and retail deposit base. Also Read: Stock…


