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.

TSX:LB - Post by User

Laurentian Bank of Canada > Financial Post article headline today

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Comment by Northforce13on Feb 02, 2024 2:05pm

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Post# 35860039

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

You are claming there were no bids as an operating entity

Nowhere did I see LB say that, though I'm going off of memory. It was perhaps said speculatively by others and thereafter taken as fact and thereafter taken as fact stated by LB itself?

I seem to recall LB saying something along the lines of no +/- "acceptable" +/- bids, which is a world of difference from "no bids as an operating entity". I could be wrong.

Acceptable to share holders and acceptable to board of directors is often two different worlds for aforementioned reasons in prior posts.

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