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 > Important message

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Comment by HyperCubeon Sep 18, 2024 3:39pm

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Post# 36229683

RE:RE:Important message

jennifer8 wrote: who will and when???

I don't know if it will happen. But who could do it: Any big canadian bank RY, CM, BNS, TD and BMO. Even NA could do it if you leave them some time to digest their current purchase.

LB is small. I don't think there would be any regulatory concerns about it being bought. It's not like years ago when big banks wanted to buy each other. If TD wanted bo buy BMO, there would be concerns about commercial competition. But, let's be serious here, if some other bank bought LB, do you really think that would make a difference in the canadian banks commercial competition landscape?

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