Laurentian Bank profits down
<I>Decline attributed to temporary expenses</i><br>
- By: IE Staff
- December 2, 1999 December 2, 1999
- 14:07
<I>Decline attributed to temporary expenses</i><br>
<i>Net income for 1999 was $1.28 billion</i><br>
<i>Orders will be handled by reps</i><br>
<i>Buys Burke, Christensen & Lewis Securities</i>
<i>Net profit drops 28% from previous quarter</i>
<i>New proprietary pooled funds wrap program</i><br>
<I>DLJdirect taking over</i><br>
<i>New post taken by head of company's South African securities office</i><br>
<i>Should inspire new legislation in Canada, says Scotiabank's Godsoe</i><br>
<i>Tenth consecutive year of "record operating income</i>
<i>Using Veev and InvestorLine</i><br>
<i>Partners with Mortgage.com</i><br>
<i>But investors remain wary</i><br>
<I>Outlines strategy for coming years</i><br>
<i>Private member's bill authorizes conversion</i>
<i>Will manage all-equity portfolios in Access program</i>
<i>CIBC launches new program for students</i>
<i>ROE drops below 10%</i>
<i>Canadian policyholder will be included in payoff</i>
<i>Will be available on eNorthern</i>
Setting new record highs, says firm
<i>Firms could face close scrutiny</i>
<i>Return on equity down</i>
<i>Launches an on-line shopping directory</i><br><br>