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Canadian Western Bank Secures Capital Amendment Approval

Canadian Western Bank (TSE:CWB) has released an update.

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Canadian Western Bank successfully gained approval for amendments to its Tier 1 Capital through preferred shares and limited recourse capital notes, showcasing strong shareholder support. The amendments were overwhelmingly approved, reflecting confidence in the bank’s strategic financial adjustments.

For further insights into TSE:CWB stock, check out TipRanks’ Stock Analysis page.

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