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An update from Currency Exchange International ( (TSE:CXI) ) is now available.
Currency Exchange International, Corp. has announced a strategic review of its wholly-owned subsidiary, Exchange Bank of Canada, to explore options for maximizing long-term shareholder value and focusing resources on profitable U.S. operations. The company has retained INFOR Financial Inc. as a strategic advisor, emphasizing that there is no guarantee of a specific transaction resulting from the review, and aims to ensure minimal disruption to stakeholders during this process.
More about Currency Exchange International
Currency Exchange International provides foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Its primary products and services include currency exchange, wire transfer payments, Global EFTs, and foreign cheque clearing.
YTD Price Performance: 0.18%
Average Trading Volume: 3,071
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$144.7M
For a thorough assessment of CXI stock, go to TipRanks’ Stock Analysis page.