Manulife has successfully completed its previously announced acquisition of the Canadian-based operations of Standard Life plc.
Sun Life Financial has agreed to purchase New York City-based Ryan Labs for an undisclosed amount.
RBC has agreed to acquire City National Corporation, a Los Angeles-based private and commercial bank, for US$5.4 billion.
Morguard Corporation subsidiary Morguard Investments is buying a 60% stake in Lincluden Investment Management for an undisclosed amount.
BNY Mellon has completed its acquisition of Cutwater Asset Management, a U.S.-based fixed income and solutions specialist with about US$22 billion ($25.9 billion) in assets under management.
Cowan Insurance Group has acquired The Williamson Group (TWG) for an undisclosed amount.
Desjardins Group completed the purchase of State Farm Canada’s businesses in property and casualty and life insurance, as well as its Canadian mutual fund, loan and living benefits companies on Jan. 1, 2015.
Manulife Financial's U.S. division and New York Life have entered into an agreement under which John Hancock will acquire New York Life's retirement plan services business. In addition, New York Life has agreed to assume, on a reinsurance basis, 60% of certain John Hancock life insurance policies.
Canadian credit rating agency DBRS has agreed to be acquired by private equity firms The Carlyle Group and Warburg Pincus.
Ontario Teachers' Pension Plan has agreed to acquire PODS (Portable On Demand Storage), a provider of container-based moving and storage solutions, from an ownership group led by Arcapita.