National Bank welcomes decision by the Autorité des marchés financiers to approve the combination of the Montreal Exchange and TSX Group
Montreal, 11 April 2008 -
National Bank welcomes yesterday’s decision by the Autorité des marchés financiers (AMF) to approve the combination of the Montreal Exchange and TSX Group to create TMX Group Inc.
National Bank also commends the new group on its commitment to make Montreal a hub for the development of derivatives and related products. The combination will enable TMX Group to enhance its positioning in the global exchange industry.
National Bank will work together with the group and other financial players to further develop Montreal as a financial centre, particularly in the area of derivatives.
About National Bank of Canada
National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has more than $120 billion in assets and, together with its subsidiaries, employs 16,856 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca.
Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):
Director, Public Relations Department
National Bank of Canada