National Bank has agreed to purchase$Canadian Western Bank (CWB.CA)$for $5 billion, a move that sees the bank paying a 118% premium over CWB's June 11 close price of C$24.89. This acquisition follows the$Royal Bank of Canada (RY.CA)$'s significant purchase of HSBC Canada, valued at $13.5 billion, signaling a consolidation trend in the Canadian banking industry. Since the announcement, Canadian Western Ba...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,325.60, down 0.03% ● RBC leads big banks to cut prime rate to 6.95% following Bank of Canada ● Interest rate cut unlikely to provide immediate relief for housing market ● Lululemon jumps after raising its full-year profit outlook Market Snapshot Today, the Ca...
Laurentian Bank of Canada Stock Forum
Since the announcement, Canadian Western Ba...
what? why
● S&P/TSX 60 Index Standard Futures are trading at 1,325.60, down 0.03%
● RBC leads big banks to cut prime rate to 6.95% following Bank of Canada
● Interest rate cut unlikely to provide immediate relief for housing market
● Lululemon jumps after raising its full-year profit outlook
Market Snapshot
Today, the Ca...
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