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Joint Statement by Canadian Banks and Life Insurance Companies Regarding Annual Meeting Planning
This is a joint statement issued by BMO, CIBC, Canadian Western Bank, Laurentian Bank, National Bank, RBC, Scotiabank, TD Bank, Great-West Lifeco, Canada Life, Manulife and Sun Life. In line with the latest directives from public health and government authorities, we have jointly obtained a court order that allows us to hold our annual meetings, in whole or in part, using electronic means.
CWB reports first quarter 2020 financial and strategic performance
CWB Financial Group (TSX: CWB) (CWB) today announced our first quarter financial performance and continued strategic execution to enhance our differentiated full-service client experience. Our goal through these business transformation activities is to accelerate our growth to leverage our upcoming transition to the Advanced Internal Ratings Based (AIRB) approach for regulatory capital and risk management. Our AIRB project has moved into the final stages before submission of our application, with regulatory approval expected prior to our fiscal year end.
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