NBC to acquire Canadian Western Bank for $3.6bn.

National Bank of Canada, a commercial bank in Canada, agreed to acquire Canadian Western Bank, a full-service bank, for $3.6bn. “We are proud to come together with National Bank and are confident that this combination will create incredible value for our clients, teams, communities and our shareholders. Together, we can offer Canadians more choice by combining CWB’s four-decade legacy of serving business owners and their families with National Bank’s scale, complementary market expertise and the technological capabilities necessary to accelerate our growth. Our two organizations share similar values grounded in an unwavering commitment to our clients, a deep history of entrepreneurship and a commitment to giving back in the communities we serve. We’re excited to build on this legacy together,” Chris Fowler, CWB CEO.