As Canadian banks report Q4 hits and misses, portfolio manager Neela White says investors should consider keeping a mixed basket of bank stocks.
“Based on current knowledge, we do not expect the outcome of this claim to have a material effect on the consolidated financial statements,” the bank said in the statement.
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Canadian Western Bank says legal claim delayed its fourth-quarter earnings releaseThe Edmonton-based bank says a legal claim against a subsidiary of CWB was received late into the process of approving and disclosing its annual financial results
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Canadian Western Bank shares tumble after delaying release of fourth-quarter earningsCWB’s change in plans has left investors speculating on whether the delay was caused by a shift in the fate of National Bank’s pending acquisition of the Edmonton-based lender
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Western Canadian business groups launch legal challenge against Ottawa’s anti-greenwashing rulesThe plaintiffs say provisions put in place earlier this year under Bill C-59 are a ‘significant breach of freedom of expression’
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