National Bank of Canada T.NA

Alternate Symbol(s): NTIOF | T.NA.PR.S | NBCDF | T.NA.PR.W | T.NA.PR.C | NBKCF | T.NA.PR.E | T.NA.PR.G | T.NA.R

Financial Services

National Bank of Canada (the Bank) operates as an integrated financial group. The Bank operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International (USSF&I). Its Personal and Commercial segment includes banking, financing, and investing services offered to individuals, advisors, and businesses, as well as insurance operations. Its Wealth Management segment includes investment solutions, trust services, banking services, lending services, and other wealth management solutions offered through internal and third-party distribution networks. Its Financial Markets segment includes corporate banking and investment banking and financial solutions for large and mid-size corporations, public sector organizations, and institutional investors. Its USSF&I segment includes the specialty finance services provided by its subsidiaries, Credigy Ltd. and Advanced Bank of Asia Limited.

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National Bank of Canada

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Post by Betteryear2on Sep 26, 2024 3:22pm

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Post# 36242841

receives Competition Bureau clearance for acquisition

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

Aligned with National Bank's strategic plan to accelerate growth across all its business lines in Canada
Provides customers an expanded product and service offering nationally, extensive banking centre network and common customer experience culture
Maintains branch footprint and Edmonton-based executive and operational presence
Combination creates stronger competitor, and provides more choice for Canadians

MONTREAL and EDMONTON, AB, Sept. 26, 2024 /CNW/ - National Bank of Canada ("National Bank") (TSX: NA) and Canadian Western Bank ("CWB") (TSX: CWB) today announced that National Bank received the Competition Bureau's clearance for National Bank's previously announced proposed acquisition of CWB. The proposed transaction also requires approval by the Office of the Superintendent of Financial Institutions and the Minister of Finance.

National Bank receives Competition Bureau clearance for acquisition of Canadian Western Bank (newswire.ca)