Questrade Launches Canada's Newest Bank
Questrade Financial Group has secured regulatory approval to launch Questbank, expanding its services into everyday banking.
Questbank will complement Questrade's wealth and investment services, challenging traditional banks in Canada alongside other fintech companies.
"We're Canada's newest bank today," said Questrade chief executive Edward Kholodenko. "So Happy Birthday to Questbank."
- Questbank received final approval from the Office of the Superintendent of Financial Institutions.
- The launch will provide Canadians with a new banking option.
Author's summary: Questrade launches Questbank, a new bank in Canada.
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