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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.
How CWB is protecting our people – including clients – in the wake of COVID-19
In uncertain times like this, with the global spread of COVID-19, we feel it is our responsibility to be vocal about the steps we’re taking to ensure the safety and success of our people – both our clients and the CWB teams that supports them.
CWB to acquire TE Wealth and Leon Frazer and Associates
CWB 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 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.
CWB declares dividends in February 2020
Canadian 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.