Laurentian Bank Announces Strategic Review; Sale Possible

Laurentian Bank Announces Strategic Review; Sale Possible
Money is removed from an ATM in Montreal in a file photo. Ryan Remiorz/The Canadian Press
Doug Lett
Updated:
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One of Canada’s oldest banks, the Laurentian Bank of Canada, has announced a strategic review and might be headed for a sale.

“Laurentian Bank announced today that its board of directors and management team are conducting a review of strategic options to maximize shareholder and stakeholder value,” the bank said in a news release sent out late on July 11.
Doug Lett
Doug Lett
Author
Doug Lett is a former news manager with both Global News and CTV, and has held a variety of other positions in the news industry.
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