Canadian Western Bank (CWB.CA) Stock News
TSX:CWB - Toronto Stock Exchange - CA13677F1018 - Common Stock - Currency: CAD
CWB.CA Latest News, Press Relases and Analysis
National Bank of Canada Wins Final Government Approval for CWB Takeover
National Bank of Canada received the final government approval needed to proceed with its acquisition of Canadian Western Bank.
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Canadian Western Says Legal Claim Was Reason for Earnings Delay
Canadian Western Bank said the reason it delayed release of its fourth-quarter earnings Friday was because it received a legal claim against a subsidiary that needed “prudent investigation.”
Canadian Western Bank Plunges as Results Delayed With No Explanation
Canadian Western Bank shares sank after the firm delayed its fiscal fourth-quarter earnings release Friday morning and left investors guessing why.
National Bank CEO Ferreira Touts the Company’s Focus on Canada
National Bank of Canada is leaning into its domestic focus, with Chief Executive Officer Laurent Ferreira saying that “Canada’s our playground.”
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National Bank Wins Antitrust Approval for Canadian Western Deal
National Bank of Canada won the first of three government approvals for its takeover of Canadian Western Bank after receiving clearance from the country’s antitrust regulator.
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Bankers Doing Oil Deals Others Won’t Are Redrawing an Old Map
A number of US and Canadian regional banks are rapidly expanding their presence in the market for oil, gas and coal dealmaking, in a move that promises to redraw the map for the financing of fossil fuels.
National Bank to Raise More Equity for CWB Deal After Shares Recover
National Bank of Canada is raising an additional C$20 million ($15 million) in connection with its planned acquisition of Canadian Western Bank, according to people familiar with the matter.
Scotiabank Says Market ‘Too Negative’ on National Bank-CWB Deal
National Bank of Canada shares are being punished too harshly after announcing its intent to buy Canadian Western Bank, according to Bank of Nova Scotia, which called the deal a “strategic winner.”
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National Bank Deal at ‘Hefty Premium’ to Test Investor Patience
National Bank of Canada’s deal to acquire a smaller rival in western Canada makes strategic sense, analysts said, but the transaction may take years to deliver on its promised benefits for shareholders.
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National Bank Buys Western Canada Rival in $3.6 Billion Deal
National Bank of Canada is buying Canadian Western Bank for about C$5 billion ($3.6 billion) in a tie-up of two of the country’s regional lenders.
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