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1987
National Bank Securities Inc. is founded to provide discount brokerage, mutual fund and immigrant investor services.
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1988
In January, National Bank Securities Inc. is divided into two teams, one being Investel, entirely dedicated to discount brokerage services.
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1999
The National Bank announces the formation of National Bank Discount Brokerage Inc. to take over the InvesTel discount brokerage service, thereby leaving National Bank Securities, which until then had administered InvesTel, free to concentrate exclusively on the National Bank Mutual Funds family.
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2003
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On August 23rd 2003, the Bank acquires Altamira Investment Services Inc. with an 84,6% interest in Altamira Securities. |
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And, on September 5th 2003, the Compagny acquires Altamira Financial Services Ltd., the remaining 15,4% of Altamira Securities. |
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This acquisition increases significantly the National Bank’s presence as an asset manager outside of Quebec. As a result, the value of mutual funds holdings doubled and allowed the Bank to offer a larger variety of products and services. |
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2005
On July 18th 2005, to better represent the dynamic image of National Bank Discount Brokerage, the firm changes its name and becomes National Bank Direct Brokerage Inc.
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