Post by
Investing4Life on Aug 22, 2023 9:07am
Tidbit re LB in the Globe
The Globe and Mail has a couple of items in today's paper dealing with Canada's banks.
One report notes that the reporting season for the banks starts Thursday with TD and Royal. The others will follow in quick succession. Results are not expected to be robust.
But one line is relevant here.
"The industry will also look for clues on interested buyers for Laurentian Bank which has said it is reviewing its business."
Clues would be good. An announcement would be better. But more may be known in just a few days.
Comment by
Curious777 on Aug 30, 2023 9:23am
Here's one clue: La Banque Nationale rate la cible des analystes https://lp.ca/4OWNNq?sharing=true « La spculation veut qu’une partie de cette rcente surperformance tait lie des rumeurs d’acquisition de la Banque Laurentienne par la Banque Nationale, ce qui ne fait manifestement pas partie des manchettes aujourd’hui »