Laurentian Bank cutting about 2% of workforce, ending equity research
The cuts come as the bank continues to work through its turnaround plan
- By: The Canadian Press
- May 16, 2024 May 16, 2024
- 13:48
The cuts come as the bank continues to work through its turnaround plan
Combined firm will serve about 200 current and retired pro hockey players
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Firm posts $154.4-million loss as investors exit balanced funds, cash-like products
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The event also raised new questions about the company's succession plan
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The changes are expected to come in a separate piece of legislation
Determining how long the client was going to hold the asset is an important factor in the decision