Earnings show improvement, but bank faces hurdles in reducing costs
Pelletier succeeds Bélanger
Mutual fund sales up 50% from a year ago
Laurentian Bank of Canada has launched a new multi-rate GIC that offers a 7% rate of retun in the fifth year.Tthe Xtra Multi-Rater GIC offers a five-year average annual return of 3.808%. It pays a 2.7% rate for the first year, a 2.8% rate for the second year, a 3.2% rate for the third year, […]
Laurentian Bank of Canada has launched the first term note, commonly referred to as a step-up bond, to be offered in-branch.Usually distributed through brokers, the product, with a potential term to maturity of five years, offers a higher rate of interest than guaranteed investment certificates.The term note is redeemable annually by Laurentian Bank. The average […]
Bank to focus on core market segments
Growth in loan and deposit portfolios
Weak earnings, below-average capital blamed
Revenue climbs 12% in third quarter
Bank facing strong competition