Laurentian Bank of Canada T.LB

Alternate Symbol(s): T.LB.P.H | LAUCF | LRCDF

Financial Services

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.

TSX:LB - Post by User

Laurentian Bank of Canada > Union

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Comment by Northforce13on Jan 28, 2021 4:35pm

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Post# 32413722

RE:RE:Union

Thank you very much for that

So I guess this bank will continue to be crippled by the union for the foreseeable future

It is likely to continue to shrink in size relative to its peers and eventually have its loan book sold off in a shut down operations I suppose.

No one would ever want to buy this bank out/merge with it as they would be importing the union cancer into their own bodies, heh.

They can play musical chairs with the CEO position for a while I suppose, it won't address the biggest problem.

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