Total revenue up 3.6%
Designates Robitaille to succeed CEO McManus
The China Objective Note is a risk-free investment
Net income also rose by 49% for the first six months of fiscal 2006
New product has an interest rate adjustment every six months instead of every year
Earnings show improvement, but bank faces hurdles in reducing costs
Pelletier succeeds Bélanger
Mutual fund sales up 50% from a year ago
Laurentian Bank of Canada has launched a new multi-rate GIC that offers a 7% rate of retun in the fifth year.Tthe Xtra Multi-Rater GIC offers a five-year average annual return of 3.808%. It pays a 2.7% rate for the first year, a 2.8% rate for the second year, a 3.2% rate for the third year, […]
Laurentian Bank of Canada has launched the first term note, commonly referred to as a step-up bond, to be offered in-branch.Usually distributed through brokers, the product, with a potential term to maturity of five years, offers a higher rate of interest than guaranteed investment certificates.The term note is redeemable annually by Laurentian Bank. The average […]