Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB

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

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... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > One other thing to think about....
View:
Post by 88guy88 on Jul 28, 2023 12:13pm

One other thing to think about....

if there are limited or low ball bid offer......the BOD would be hard pressed to accept a stink bid and maybe the bank just decides to give the CEO more of a chance to turn the company around....she really did not have much of a chance to make some impact 

in that case the stock price is gonna head on back to where it started before the takeover talk
Comment by Northforce13 on Jul 28, 2023 8:25pm
She can't turn it around, no one can.  LB is unionized to the hilt.  It's like terminal cancer.  LB can't compete with the non unionized banks, as can be seen by their ROE having lagged peers for decades.   A suitor would have to find a way to get rid of the union, highly not possible, or to gradually transition away from the unionized entity by integrating LB ...more  
Comment by Investing4Life on Jul 29, 2023 3:09am
Your analysis appears to be flawed. Laurentian Bank is not unionized. Employees voted to decertify the union back in 2021.  https://montrealgazette.com/business/local-business/laurentian-bank-union-is-decertified-after-more-than-50-years
Comment by Northforce13 on Jul 31, 2023 3:22pm
Oh my, I didn't know that!  Didn't keep up to date on that point.
Comment by wkrpradio on Jul 29, 2023 3:00pm
More disinformation . The union is gone . Do some homework before you spread lyour bs.
Comment by autofocus111 on Jul 29, 2023 6:15pm
The union is gone since well over a year. >>>Posted Mar 19, 2021, 11:22PM EDT. MONTREAL — The Laurentian Bank of Canada’s unionized employees have voted to decertify, reversing the position they took three years ago. The Montreal-based bank says it was informed by the Canada Industrial Relations Board (CIRB) that 56.6 per cent of employees who voted March 8 supported the revocation of ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities