CPE News (7/14/2020) – ATB Financial has officially announced the official launch of ATB Capital Markets Inc., a combination of capital market services within ATB Financial and AltaCorp Capital.
In January 2018, ATB Financial acquired a majority stake from George Gosbee, the estate of the late founder of AltaCorp Capital. In May 2020, ATB Financial acquired the remaining interest in AltaCorp Capital from employees owners to own 100% of the company. As part of the acquisition, ATB Financial has intended to launch AltaCorp ATB Capital Markets, subject to regulatory approval.
ATB Capital Markets will be led by Jon Horsman, CEO of ATB Capital Markets & Senior EVP of ATB Business, Paul Sarachman, President of ATB Capital Markets & VP of ATB Business
and Darren Eurich, Head of Investment and Corporate Banking of ATB Capital Markets & SVP of ATB Business.
photo credit: ATM Capital Markets Inc.
News Release
ATB Financial launches ATB Capital Markets for greater investment in Alberta
EDMONTON, AB, July 14, 2020 /CNW/ – ATB Financial is proud to introduce ATB Capital Markets—a highly specialized team of experts who create more opportunity for investment in Alberta by helping businesses harness the potential of our rapidly changing economic landscape.
“ATB Capital Markets bolsters Alberta’s economy by helping companies find success locally and globally with a full suite of financial service solutions for all their treasury, finance and capital markets needs,” said Curtis Stange, president and CEO of ATB Financial. “ATB Capital Markets is giving companies expert advice and access to capital at a time when they need it the most.”
With offices in Calgary, Edmonton, Toronto and Denver, no other Alberta-based organization offers this unique combination of industry expertise, a deep understanding and commitment to the Alberta economy, alongside a broadened global reach.
ATB Capital Markets, a combination of capital market services within ATB Financial and AltaCorp Capital, helps corporate clients succeed through services including:
Corporate banking, loan syndications and project finance
Debt capital, equity capital and financial markets
Institutional sales and trading
Expert advice on mergers and acquisitions, divestiture and private equity
Institutional research to leverage industry and sector insight
“It’s a challenging environment and we understand how to navigate these complexities better than anyone. By consolidating our expertise, ATB Capital Markets can support clients with the capital and advice they need to move their business forward,” said Jon Horsman, senior executive vice president business at ATB Financial. “Businesses and industry are at the heart of our economy and we’re committed to being a strong partner to help them adapt and succeed.”
About ATB Financial
With $55.8 billion in assets, ATB Financial is an Alberta-built financial institution that is a catalyst for economic growth in our province. We got started in 1938 to help Albertans through tough economic times and are still the only financial institution in more than 100 Alberta communities. ATB’s more than 5,000 team members love to deliver exceptional experiences to nearly 777,000 customers in our 175 branches, 139 agencies, 24-hour Client Care Centre, four entrepreneur centres, or through our digital banking options. Everything we do is focused on how we can serve Albertans—from providing expert advice and supporting entrepreneurs to helping Albertans buy a home and grow their wealth.
For more information or interview requests, please contact:
ATB Financial
Media Relations
media@atb.com
SOURCE ATB Financial