Bank seeks to expand services to cultural communities
Ratings agency sees challenges ahead for Canadian banks
Six-year agreement to service bank's growing IT operations
New agreement runs until end 2007
Fund manager sold to minority shareholders
Annual increases set at 2%
Laurentian Bank of Canada today said its fourth-quarter profit fell 86%, hurt by low interest margins and weak loan growth.The bank said net income for the three months ended Oct. 31, was $7.1 million, or 17¢a share, down from $50.7 million, or $2.01 per share, in the year-before period.Return on equity was 2.4%, down sharply […]
Concept rolled out to five new branches
Leitao appointed chief strategist