National Bank of Canada to acquire PGM Global.

National Bank of Canada, a commercial banking company, agreed to acquire PGM Global, a provider of securities trading, global macro research, and transition management services to institutional investors. Financial terms were not disclosed. “We are excited to welcome PGM Global and its dynamic team of professionals to our NBIN family. Our two organizations share similar values, built on an unwavering commitment to our clients. This acquisition represents another significant step in our mission to provide best-in-class trading technology, infrastructure, and expertise to our clients,” Mike Tocheri, NBIN Senior Vice-President and Managing Director.