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Alberta’s Atb Financial Buys Investment Bank Cormark Securities
ALBERTA, CANADA, AUG 11 – The acquisition broadens ATB Financial's capital markets reach beyond Alberta oil and gas, adding Cormark's $270 million in stock sales and strategic leadership, officials said.
- In Edmonton, government-owned ATB Financial announced on Aug. 11, 2025 that it would buy Cormark Securities Inc., almost one month after reports of talks.
- Amid its acquisition spree, ATB Financial has been rapidly expanding its capital markets business through acquisitions, including its purchase of Calgary-based investment bank Cormark Securities, which participated in over 1,000 stock sales raising more than $100-billion.
- Cormark participated in stock sales raising over $100-million over the past decade, with nine sales worth $35-million this year, according to LSEG Data & Analytics.
- Said Scott Lamacraft, 'Joining ATB Capital Markets marks an important milestone in Cormark's evolution,' as the deal integrates leadership under CEO Darren Eurich, pending closing. The source does not mention Susan Streeter's role.
- Pending regulatory approvals, the deal positions the combined firm for accelerated growth, as Darren Eurich said the expanded capabilities will enhance client service and growth strategy.
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ATB Financial signs deal to acquire independent investment bank Cormark Securities
EDMONTON — ATB Financial has signed a deal to acquire Cormark Securities Inc., an independent investment bank with offices in Toronto and Calgary. Financial terms of the deal were not immediately available.
Deal represents a significant expansion of ATB’s capital markets business
·Canada
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Total News Sources18
Leaning Left12Leaning Right1Center1Last UpdatedBias Distribution86% Left
Bias Distribution
- 86% of the sources lean Left
86% Left
L 86%
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