Laurentian Bank of Canada LAUCF

Primary Symbol: T.LB Alternate Symbol(s): LRCDF | 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 > Laurentian Bank Securities announces the sale of assets

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Comment by nedstar71on Apr 05, 2024 8:51am

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Post# 35972297

RE:RE:Laurentian Bank Securities announces the sale of assets

As I understand it the 2 billion is just the amount in the accounts currently under administration by Laurentian Bank. It's not related to the sale price, which is apparently not material. Ie Laurentian doesn't own the 2 billion in assets in those accounts, clients do.

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