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 > Financial Post article headline today

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Comment by DeanEdmontonon Feb 02, 2024 12:47pm

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Post# 35859828

RE:RE:RE:RE:Financial Post article headline today

You are spreading revisionist history. There were no bids for it as an operating entity and Laurentian didn't want to sell just their loan and deposit book. No bids for it as an operating entity means the people that looked at it gave it a zero book value, except for the net difference of loans versus deposits. You can put all the lipstick you want on this pig, but like my Dad always said, never try to teach a pig to dance, it wastes your time and it annoys the pig.