21 October 2017
visit www.avoka.com

Schwab Canada signs three year banking deal with B2B Trust

10 August 2001  |  2705 views  |  0 Schwab Canada signs three year banking deal with B2B Trust

Charles Schwab Canada has signed a three-year agreement with Laurentian Bank of Canada subsidiary B2B Trust for the development and supply of banking and financial products.

The integrated online brokerage, advisory and portfolio management firm will market the products to its Canadian clients under the SchwabOne brand name. Formal confirmation of the deal follows an agreement in principle struck by the two companies in mid-June.

"By drawing on B2B Trust's expertise in banking product development and the capacity of its technological infrastructure, we will be able to offer our Canadian clients a banking product comparable to SchwabOne, one of the most popular broker accounts in the United States," says Paul Bates, president and CEO, Schwab Canada. "We are planning to launch this new product in the fall, as planned, throughout the Canadian market."

In the next three months, Schwab Canada will launch a multifunctional account for its Canadian clients. The account will include a range of banking products such as a current account, Visa account with a reward programme, debit card, bill payment and telephone-based banking services.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

E-Loan secures $5 million in new financing from Schwab

E-Loan secures $5 million in new financing from Schwab

13 July 2001  |  2418 views  |  0 comments
Brief: Schwab selects InfoSpace for PocketBroker upgrade

Brief: Schwab selects InfoSpace for PocketBroker upgrade

09 July 2001  |  2490 views  |  0 comments
Schwab Capital Markets acquires Epoch electronic trading team

Schwab Capital Markets acquires Epoch electronic trading team

15 June 2001  |  2713 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.niceactimize.comvisit www.vasco.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8893 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8657 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7719 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7202 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6810 views comments | 14 tweets | 23 linkedin

Featured job

Find your next job