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OverviewAPI
Laurentian Bank of Canada faces leadership turmoil after the sudden departure of CEO Rania Llewellyn and Chairman Michael Mueller, following a failed strategic review and a failed attempt to find a buyer. The bank plans to focus on efficiency and simplification, with the new CEO, Eric Provost, prioritizing rebuilding trust with customers after a recent outage. HSBC strengthens its services targeting wealthy families in the Middle East and Europe by hiring Credit Suisse private bankers.

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