Six-year agreement to service bank's growing IT operations
New agreement runs until end 2007
Fund manager sold to minority shareholders
Annual increases set at 2%
Laurentian Bank of Canada today said its fourth-quarter profit fell 86%, hurt by low interest margins and weak loan growth.The bank said net income for the three months ended Oct. 31, was $7.1 million, or 17¢a share, down from $50.7 million, or $2.01 per share, in the year-before period.Return on equity was 2.4%, down sharply […]
Concept rolled out to five new branches
Leitao appointed chief strategist
Barrière to develop business in foreign exchange services
No affect from sale of asset management business
Laurentian Bank to distribute IA mutual funds