Laurentian Bank Sells Itself to Fairstone Bank and National Bank of Canada, Scotia Tops Estimates, Goeasy CEO Resigns, Vale and Glencore Team Up, Netflix Leads Bid for Warner Bros.
ByAinvest
Tuesday, Dec 2, 2025 9:50 am ET1min read
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Laurentian Bank sells itself to Fairstone Bank for $1.9 billion, with National Bank acquiring its retail and small-business assets, and Fairstone operating its commercial lending business. Scotia tops adjusted profit estimates with better results in capital markets and wealth management. Goeasy CEO Dan Rees resigns due to health reasons, with Patrick Ens taking over as CEO. Vale and Glencore partner to evaluate a potential copper development project, and Warner Bros. Discovery receives takeover bids, including a $70 billion cash offer from Netflix.
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