Laurentian Bank of Canada
https://www.laurentianbank.ca/
Laurentian Bank of Canada is a financial institution providing a range of financial services to personal, commercial, and institutional clients across Canada and the United States. Founded in Montreal in 1846, its mission is to help customers improve their financial health and to "change banking for the better" by prioritizing people and fostering an environment where everyone can thrive. The bank's headquarters are located in Montreal, Quebec.
The bank's offerings span personal banking, commercial banking, and capital markets. Key products and services include retail banking, corporate banking, investment banking, mortgage loans, wealth management, credit cards, and brokerage services. Laurentian Bank operates through various divisions, including B2B Bank, which serves financial advisors and brokers, and Laurentian Bank Securities, providing integrated brokerage services.
In recent developments, Éric Provost was appointed President and CEO in October 2023. On December 2, 2025, Laurentian Bank announced an agreement for its sale, pending shareholder and regulatory approvals, where its commercial banking business would be acquired by Fairstone Bank of Canada, and its personal and small business banking operations by National Bank of Canada. Despite this pending split, the bank unveiled a new strategic plan on April 29, 2026, aiming to strengthen its position by focusing on commercial banking as a growth engine and attracting young and middle-class customers in personal banking, following a reported net loss of $117.5 million in Q2 2026.
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