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

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

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 > Tidbit re LB in the Globe
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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 »  
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