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 > No service for 5 days?

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Comment by Curious777on Oct 01, 2023 1:58am

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Post# 35663715

RE:No service for 5 days?

Banking is all about trust…

Considering that a considerable % of customers might move out of LB following last week's demonstration of weakness, the takeover incentive and book value will rapidly decrease.

And one thing that appears obvious to me is that the CEO has lost all credibility…

I am guessing an announcement will come out very soon… before Monday’s opening…
Will a crash landing be avoided?

My blind guess is a takeover from Desjardins at 35.$

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