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Laurentian Bank of Canada (LB.TO)

48.79 Down 0.57(1.15%) Oct 22
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Laurentian Bank of Canada
Tour Banque Laurentienne
1981 McGill College Avenue
Montreal, QC H3A 3K3
Canada - Map
Phone: 514-284-4500
Fax: 514-284-3396

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:3,987

Business Summary 

Laurentian Bank of Canada, together with its subsidiaries, provides various banking products and services to individuals, small and medium-sized enterprises, and independent advisors in Canada. Its Retail and SME-Québec segment offers transactional products, mortgage solutions, loans, and lines of credit; and investment products, including guaranteed investment certificates, term deposits, mutual funds, etc. through branches, electronic networks, a call centre, and mobile sales force. This segment also provides Visa credit card services, debit cards, credit insurance products, and trust services, as well as various commercial financial services to small and medium-sized enterprises. The company’s Real Estate and Commercial segment provides financing for commercial real estate properties; and commercial banking services to businesses. This segment offers short-and long-term financing solutions, investment products, transactional services, VISA credit cards, electronic services, foreign exchange transactions, and international transaction settlement. Its B2B Bank segment offers banking and financial products, including investment loans, residential mortgage loans, high-interest accounts, GICs, and investment accounts and services through network of financial advisors and brokers. The company’s Laurentian Bank Securities and Capital Markets segment is engaged in the research and trading of government and corporate securities, as well as securities issued by small-cap companies for portfolio managers; and financing of governments, corporations, and small-cap companies. This segment also provides retail brokerage services, such as advisory, trading and research, and immigrant-investor programs; and business services, including back-office administrative services. As of October 31, 2013, Laurentian Bank of Canada operated approximately 153 branches and 422 automated banking machines. The company was founded in 1846 and is headquartered in Montréal, Canada.

Key Statistics

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Key Executives 
Mr. R Robitaille FCA, FCPA, 53
Chief Exec. Officer, Pres and Director
Mr. Michel Christian Lauzon ,
Chief Financial Officer and Exec. VP
Mr. Fran Desjardins ,
Exec. VP, Chief Exec. Officer of B2B Bank and Pres of B2B Bank
Mr. Michel C. Trudeau ,
Exec. VP of Capital Markets, Chief Exec. Officer of Laurentian Bank Securities Inc and Pres of Laurentian Bank Securities Inc
Mr. St Therrien ,
Exec. Vice-Pres of Bus. Services
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.
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