Laurentian Bank of Canada T.LB

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

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.

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Laurentian Bank of Canada > Have Been RESTRUCTURING for Decades

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Comment by Red_Deeron Jun 11, 2024 11:41pm

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Post# 36084051

RE:RE:Have Been RESTRUCTURING for Decades

Hey DeanEdmonton__You WERE 100% WRONG on Canadian Western Bank__EVERYONE
is LAUGHING at YOUR BASHING Canadian Western.

You Got ZERO CREDIBILTY Now__HOW Does THAT FEEL eh ???

So GET SET for the SAME Laughing When Laurentian IS TAKEN OVER eh !!!!!

DeanEdmonton wrote: No one came forward to buy this as an operating entity during the last go round, so if you are holding on hoping for a return to the highs of the last strategic review you are going to be very disappointed. No one wanted it then and for sure no one wants it now that it is in even worse shape. They can sell the book of loans and deposits, but the rest is worth zero,

As far as the last CEO, she was fired, she did not quit, the Chairman resigned at the same time because of it. She got sucked into leaving TD for tthe CEO job, she deserves a large severance. She was blocked at every trun when it came to making real and positive changes.
DeanEdmonton wrote: Yet another HUGE loss posted for restructuring that never produces better results. Look at the latest quarter; losses, lay-offs and shrinkling business. They have been trying to shrink their way to greatness for a VERY long time. It still won't work. Grow or die.