EQB Stock Surges as Grocer Banking Deal Outweighs Earnings Miss

EQB Inc.’s stock rose the most in more than a year after the Canadian lender agreed to buy the banking portfolio of the country’s largest supermarket chain.

By Stephanie Hughes · Bloomberg Markets

EQB Inc.’s stock rose the most in more than a year after the Canadian lender agreed to buy the banking portfolio of the country’s largest supermarket chain.