Saturday, October 3, 2026
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Moneris

RBC and BMO Sell Moneris to US Firm for Two Billion Dollars

Money · Deals & Mergers

RBC and BMO Sell Moneris to US Firm for Two Billion Dollars

The two banks are handing Canada's largest payments processor to Francisco Partners, ending 25 years of domestic ownership just as officials talk up payments sovereignty.

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Shurman Media is an experimental, AI-automated conservative news site owned and edited by Mike Shurman of 2Tech Computing Inc. Articles are researched and drafted by an automated newsroom under a published editorial policy, every citation is machine-verified before publication, and anything the checks cannot verify is held for the editor.