Laurentian Bk Cda Qu (LRCDF) 36.3998 $LRCDF Exc
Post# of 273242
Exchange Income Corporation Credit Facility Increased to $550 Million
CNW Group - Thu Oct 15, 1:45PM CDT
Exchange Income Corporation (TSX: EIF), ("EIC" or the "Corporation" a diversified, acquisition-oriented company, announced today that it has entered into an amended long-term debt facility. This amendment will increase the size of the Company's existing facility to $550 million from $450 million. The tenure, terms, and pricing of the facility remain unchanged. The Bank of Montreal is joining the banking syndicate and all the current members of the syndicate, consisting of The Toronto-Dominion Bank, National Bank of Canada, Canadian Imperial Bank of Commerce, Roynat Inc., Alberta Treasury Branches, Export Development Canada and Laurentian Bank of Canada, have increased their commitment. The Toronto-Dominion Bank will continue to serve as the lead bank in the syndicate. The addition of a major Canadian bank to the syndicate as well as the increased commitment from each member of the syndicate are strong endorsements of the core strengths of EIC's diversified portfolio of operating companies and EIC's proven track record of accretive acquisitions.
EIF.TO: 35.29 (+0.22), BCM: 25.77 (+0.08)
Laurentian Bank of Canada announces two series of preferred stock dividends
M2 - Thu Feb 12, 8:46AM CST
The board of directors of the Laurentian Bank of Canada (TSE:LB) authorised dividends of USD0.25 per share on the company's preferred shares series 11 and USD0.26875 on the preferred shares series 13, it revealed on Wednesday.
LB.TO: 48.29 (-0.09), LB: 72.23 (+0.04)
Ultra HNWIs in Canada 2014
M2 - Tue Dec 16, 9:27AM CST
Research and Markets (http://www.researchandmarkets.com/research/vb2kks/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in Canada 2014" report to their offering. This report reviews the performance and asset allocations of Ultra HNWIs in Canada, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. There were 4,303 UHNWIs in Canada in 2013, with an average per capita wealth of US$121.9 million, making them a prime target group for wealth sector professionals. Of this total, there were 32 billionaires, 713 centimillionaires and 3,558 affluent millionaires. UHNWIs accounted for 1.0% of the total Canadian HNWI population in 2013, slightly higher than the global average of 0.7%. The number of Canadian UHNWIs increased by 40.4%during the review period, going from 3,064 in 2009 to 4,303 in 2013. There was a wide range of performance between the different UHNWI wealth bands. While the number of billionaires increased by 6.7%, the number of centimillionaires and affluent millionaires increased by 39.8% and 41.0% respectively. It is expected the number of UHNWIs to increase by 8.9%, to reach 4,781 in 2018. This will include 38billionaires, 797centimillionaires and 3,946 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Canadian HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/vb...a_hnwis_in
High Net Worth Trends in Canada 2014
M2 - Tue Dec 16, 9:27AM CST
Research and Markets (http://www.researchandmarkets.com/research/hcps94/high_net_worth) has announced the addition of the "High Net Worth trends in Canada 2014" report to their offering. This report provides projections of the volume and wealth of Canada HNWIs. This includes demographic trends (2009-2013) and findings of the proprietary Wealth Insight HNWI Database. There were 426,252 HNWIs in Canada in 2013. These HNWIs held US$1.64 trillion in wealth, and wealth per HNWI was US$3,837,882. In 2013, Canadian HNWI numbers rose by 1.0%, following a 1.3% increase in 2012. Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Canadian HNWIs is forecast to grow by 8.9% to reach 473,426by 2018, and HNWI wealth is expected to grow by 22.1%, to reach US$2.1 trillion by 2018. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/hc..._net_worth
HNWI Asset Allocation in Canada 2014
M2 - Tue Dec 16, 9:02AM CST
Research and Markets (http://www.researchandmarkets.com/research/9dnpls/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in Canada 2014" report to their offering. This report provides the latest asset allocations of Canada HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Canada HNWIs to 2018 and a comprehensive and robust background of the local economy. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in Canada. The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis. Key Highlights: - In 2013, equities was the largest asset class for Canadian HNWIs with 29.5% of total HNWI assets, followed by business interests with 25.4%, real estate with 20.2%, fixed-income with 11.5%, alternatives with 7.7%, and cash and deposits with 5.8%. - Equities, alternatives and business interests recorded growth at respective review-period rates of 62%, 46% and 44%. - Alternative assets held by Canadian HNWIs increased during the review period, going from 7.6% of total HNWI assets in 2009 to 7.7% in 2013. HNWI allocations to commodities increased from 1.4% of total assets in 2009 to 1.8% in 2013. - Allocations in commodities are expected to decline over the forecast period, reaching 1.3% of total HNWI assets by 2018, as global liquidity tightens from an expected drop in demand from China for raw materials, which will cause global commodity prices to flatten out. - In 2013, Canadian HNWI liquid assets amounted to US$764.9 billion, representing 46.8% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Canadian HNWI Investments 5 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/9dnpls/hnwi_asset
Challenges and Opportunities for the Wealth Sector in Canada 2014
M2 - Tue Dec 16, 8:02AM CST
Research and Markets (http://www.researchandmarkets.com/research/65fpdc/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in Canada 2014" report to their offering. At the end of 2013, Canadian HNWIs held 26.5% (US$434 billion) of their wealth outside their home country, in line with the global average of 20-30%. It is expected foreign asset holdings to increase to US$557 billion by 2018, accounting for 26.1% of total HNWI assets. North America accounted for 51.1% of Canadian HNWIs foreign assets in 2013. Europe followed America with 21.2%, the Asia-Pacific followed with 16.5%, Latin America followed with 8.4%, Africa followed with 2.1%, and the Middle East followed with 0.7%. Canadian HNWI allocations to the Asia-Pacific region increased during the review period, going from 9.9% in 2009 to 16.5% in 2013.Latin America and Asia-Pacific were the emerging regions in terms of global investments. HNWIs are further expected to increase their levels of investment in the Asia-Pacific to 20.9% of foreign HNWI assets by 2018, with investments increasingly being diverted to emerging economies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/65...lenges_and
CGI Receives Customer of the Year Award for Virtualizing 4,000+ Laurentian Bank Workstations
PR Newswire Europe - Tue Dec 16, 7:31AM CST
MONTREAL, December 16, 2014 /PRNewswire/ --
VMW: 73.05 (+0.37), GIB: 47.21 (+0.30)
CGI receives Customer of the Year award for virtualizing 4,000+ Laurentian Bank workstations
CNW Group - Tue Dec 16, 7:30AM CST
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)www.cgi.com/newsroom
VMW: 73.05 (+0.37), GIB: 47.21 (+0.30), GIB-A.TO: 62.41 (+0.50)
Laurentian Bank declares higher dividend of USD0.54 per share for quarter
M2 - Thu Dec 11, 4:46AM CST
Laurentian Bank of Canada (TSX:T.LB.PR.D) (TSX:T.LB.PR.F) (TSX:T.LB.PR.H), a provider of banking services,board of directors approved a common stock dividend of USD0.54 per share, an increase from that paid out earlier, the company revealed on Thursday.
Mackenzie Investments to cap series LB of Mackenzie Real Return Bond Fund
CNW Group - Thu Nov 27, 8:00AM CST
Mackenzie Financial Corporation (Mackenzie Investments) announced today that effective immediately, series LB of Mackenzie Real Return Bond Fund is no longer available for purchase by investors. Purchases of securities through pre-authorized chequing plans ("PACs" or switching into series LB of the Fund are also no longer permitted. Series LB of Mackenzie Investments funds are sold exclusively through branches of Laurentian Bank of Canada.
IGM.TO: 36.11 (+0.01)