Maybe we shouldn't have been surprised by Tuesday's news of the potential merger of Potash Corp. of Saskatchewan Inc. and Agrium Inc. After all, the groundwork for a deal was laid over the course of a decade in the boardroom, as both fertilizer companies prepared for global consolidation, Andrew Willis writes. Story
Bad bet on volatility hits trading revenue at National Bank
National Bank of Canada's third-quarter capital markets results fell significantly short of its peers, partly because of softness in its trading arm.
Profit in National Bank's financial markets division, which includes capital markets, fell by 13 per cent from the same period last year to $174-million. In stark contrast to the rest of the Big Six bank-owned dealers, where double-digit gains were the norm, trading revenue at National Bank fell both year-over-year and sequentially. Story
DAILY DEALS
Call-Center software providers Genesys, Interactive Intelligence to merge. Story
IN CASE YOU MISSED IT
Andrew Willis: Rival bids would deepen intrigue in potash saga. Story