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Laurentian Bank sells retail brokerage operation with $2-billion in client assets to iA Financial Group

The deal is expected to close this summer and falls in line with the vision of Laurentian’s new chief executive officer who is looking to improve the bank’s performance by simplifying the business

Laurentian Bank capital markets head Gunderson to depart

Kelsey Gunderson joined the Montreal-based bank in the fall of 2019, serving as chief executive officer of Laurentian Bank Securities

Laurentian Bank reports $37 3-million quarterly profit, down from $51 9-million a year earlier

Laurentian Bank says the profit amounted to 75 cents per diluted share for the quarter ended Jan. 31, down from a profit of $1.09 per diluted share in its first quarter last year

Atrium Mortgage Investment (TSE:AI) Lowered to Hold at Laurentian

Laurentian cut shares of Atrium Mortgage Investment (TSE:AI – Free Report) from a buy rating to a hold rating in a research note released on Monday morning, BayStreet.CA reports. Laurentian currently has C$13.00 price target on the stock. Several other brokerages have also weighed in on AI. TD Securities decreased their price objective on Atrium […]

Automotive Properties Real Est Invt TR (TSE:APR UN) Upgraded to Buy by Laurentian

Laurentian upgraded shares of Automotive Properties Real Est Invt TR (TSE:APR.UN – Free Report) from a hold rating to a buy rating in a research report report published on Monday, BayStreet.CA reports. They currently have C$12.50 price objective on the stock. APR.UN has been the subject of several other research reports. BMO Capital Markets lowered […]

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