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Bullboard - Stock Discussion Forum Canadian Western Bank T.CWB

Alternate Symbol(s):  CBWBF | CWESF | T.CWB.PR.B | T.CWB.PR.D

Canadian Western Bank is a diversified financial services company. It provides full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. It offers specialty business banking services for small-and medium-sized companies with a focus on general commercial, equipment financing, construction financing, commercial real estate... see more

TSX:CWB - Post Discussion

Canadian Western Bank > 2 requirement need to be met
View:
Post by 88guy88 on Jun 12, 2024 9:12am

2 requirement need to be met

1.  2/3 approval of shareholders

2  approval by the federal government

Should be no problem on either point as the Fed approved the Royal Bank merger
Comment by ABP123 on Jun 12, 2024 9:41am
Can Smith throw a wrench into things?
Comment by 88guy88 on Jun 12, 2024 9:48am
Do not think that Smith can do much about it except complain about it....banks are federally regulated Notice that the price is only around $42 this morning but keep in mind that share price of NA is also down about 5% or so and this is a share swap deal....plus there is always the FED saying no to the deal as it reduces competition.....not likely they will say no with them approving the Royal ...more  
Comment by ABP123 on Jun 12, 2024 9:58am
I am a holder from March 2023. So I really don't mind sitting and waiting.  I figured there will be some hair on this. thanks for your thoughts.
Comment by Nakate on Jun 12, 2024 10:04am
National bank while the larger is probably selling at a discount to its fair value too, so upside for all
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