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CWB to acquire TE Wealth and Leon Frazer and AssociatesCWB Financial Group (CWB) and iA Financial Corporation Inc. (iA) today announced that CWB will acquire iA Investment Counsel Inc. (iAIC), a wholly owned iA subsidiary. iAIC is a leading provider of financial planning and wealth management services targeting high-net-worth Canadian families under the brand names T.E. Wealth (T.E.) and Leon Frazer & Associates (Leon Frazer).
CWB reports first quarter 2020 financial and strategic performanceCWB 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.
CWB declares dividends in February 2020Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share (TSX:CWB), payable on March 26, 2020 to shareholders of record on March 12, 2020. This quarterly dividend is up two cents, or 7%, from the dividend declared one year ago and one cent, or 4% from the prior quarter.
CWB Financial Group to implement FICANEX AI-powered chatbot solutionCWB Financial Group (TSX:CWB) is pleased to announce it will work with FICANEX to implement tunl.chat, an AI-powered conversational banking tool that will enhance CWB’s digital client experience.