Canadian Western Bank

Veteran wealth management executive, David Schaffner, joins Fig Investments as Strategic Advisor

Retrieved on:

Thursday, November 2, 2023

Fig, Knowledge, CFA, Schaffner, Growth, ETF, Investment, Canadian Western Bank, Cryptocurrency

VANCOUVER, BC, Nov. 2, 2023 /PRNewswire/ - Volatility Labs Inc. ("Fig Investments"), a Canadian fintech company, is thrilled to announce that David Schaffner, CFA, has signed on as a Strategic Advisor.

Key Points:

VANCOUVER, BC, Nov. 2, 2023 /PRNewswire/ - Volatility Labs Inc. ("Fig Investments"), a Canadian fintech company, is thrilled to announce that David Schaffner, CFA, has signed on as a Strategic Advisor.
Most recently, he was the President and CEO of CWB Wealth Management until 2020, when he transitioned into semi-retirement as a strategic wealth consultant.
In this role, David established Canadian Western Bank's wealth management division through launching CWB Wealth Management, integrating its various bank-owned wealth subsidiaries, and launching its proprietary mutual funds.
"We are extremely excited to work with David as the Company's strategic advisor.

CPA Canada welcomes new board chair and vice-chair

Retrieved on:

Friday, September 29, 2023

Hospital for Sick Children (Toronto), Canadian Western Bank, Power Corporation of Canada, WXN, CPA Canada, Thomson Reuters, Woman, Wilson, Organization, Retirement, Jones, CPA, Greater Toronto Area, FCA, Growth, FCPA, Hospital, KPMG, Management

TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Chartered Professional Accountants of Canada (CPA Canada) today announced the appointment of a new chair and vice-chair for its board of directors.

Key Points:

TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Chartered Professional Accountants of Canada (CPA Canada) today announced the appointment of a new chair and vice-chair for its board of directors.
Wilson earned her accounting designation in 1993 and joined the CPA Canada Board of Directors in September 2021.
“I am confident that Beth, along with the board of directors will continue to find innovative ways to create a sustainable long-term future for CPA Canada and the profession.”
As chair, Wilson will draw on her extensive leadership experience.
“I am honoured to serve on CPA Canada’s board as vice-chair and to continue working with Beth, my board colleagues, CPA employees and our partners.” said Jones.

Calfrac Announces Extension and Amendment of Credit Facilities

Retrieved on:

Friday, September 29, 2023

Well, Calfrac Well Services, HSBC Bank, Canadian Western Bank, Face, Toronto Stock Exchange, Bank statement, HSBC Bank Canada, Primary Dealer Credit Facility, Sale, CFW, ATB Financial, EBITDA, Times interest earned, Toronto-Dominion Bank, Hydrocarbon, Security (finance), Bank

CALGARY, Alberta, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac" or “the Company”) (TSX-CFW) is pleased to announce that it has entered into an agreement with a syndicate of Canadian financial institutions which amends and extends its credit facilities (the “Credit Facilities”).

Key Points:

CALGARY, Alberta, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac" or “the Company”) (TSX-CFW) is pleased to announce that it has entered into an agreement with a syndicate of Canadian financial institutions which amends and extends its credit facilities (the “Credit Facilities”).
As at June 30, 2023 the Interest Coverage Ratio and Total Debt to EBITDA ratio from continuing operations would have been 7.93:1.00 and 1.04:1.00, respectively.
Calfrac’s Chief Financial Officer, Mike Olinek, commented: “We are pleased to report an extension of the Company’s Credit Facilities with a newly configured lending syndicate consisting of four major financial institutions.
Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells with continuing operations focused throughout western Canada, the United States and Argentina.

CIRI Announces 2023 Annual General Meeting Voting Results

Retrieved on:

Tuesday, June 20, 2023

TORONTO, June 20, 2023 (GLOBE NEWSWIRE) -- The Canadian Investor Relations Institute (CIRI) is pleased to report that, at its Annual Meeting of Shareholders held on May 29, 2023, 13 nominees were elected as Directors.

Key Points:

TORONTO, June 20, 2023 (GLOBE NEWSWIRE) -- The Canadian Investor Relations Institute (CIRI) is pleased to report that, at its Annual Meeting of Shareholders held on May 29, 2023, 13 nominees were elected as Directors.
Kevin Hallahan, CPA, CMA has led IR at Linamar Corporation since 2019 and is the Vice President, Marketing & Investor Relations.
Ms. McCaughey was presented with the Belle Mulligan Award for Leadership in Investor Relations by CIRI in 2014 and named CIRI Fellow in 2021.
This includes 10 years working in investor relations at Alamos Gold where he was appointed Vice President, Investor Relations in 2015 and Senior Vice President, Investor Relations since the start of 2023.

CPI Card Group Announces Appointment of H. Sanford Riley as Independent Chair of Board of Directors

Retrieved on:

Friday, June 16, 2023

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that H. Sanford Riley has been appointed Independent Chair of its Board of Directors.

Key Points:

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that H. Sanford Riley has been appointed Independent Chair of its Board of Directors.
Riley, President and CEO of Richardson Financial Group Limited, joined the CPI Board in May.
Riley is also a member of the board of directors of Molson Coors and RF Capital Group Inc., and previously served on the boards of Canadian Western Bank, The North West Company and Manitoba Hydro.
“We are excited to welcome Sandy as CPI’s new Board Chair,” said Valerie Soranno Keating, Chair of the Nominating and Corporate Governance Committee.

OCM Auto Financing Group Increases Fund Size to $100 Million

Retrieved on:

Thursday, April 20, 2023

CWB, Growth, Johnson Financial Group, Canadian Western Bank, OCM, Security (finance)

OTTAWA, ON, April 20, 2023 /CNW/ - OCM Auto Financing Group Ltd. (OCM), an Ottawa-based sub-prime auto lender, is pleased to announce that it has recently increased its fund size to $100 million.

Key Points:

OTTAWA, ON, April 20, 2023 /CNW/ - OCM Auto Financing Group Ltd. (OCM), an Ottawa-based sub-prime auto lender, is pleased to announce that it has recently increased its fund size to $100 million.
This new credit facility will significantly increase OCM's ability to expand its rapidly growing sub-prime auto financing business.
"Since the inception of the fund, more than 95% of our original investor base is still invested with us today.
Demand for loans for pre-owned vehicles remains high from individuals who may not qualify for financing from traditional banks and OCM is proud to be able to provide financing to these individuals.

Global Retail Core Banking Solution Market Report 2022: Increase in Applications for IoT Solutions in Banking Sector Boosts Growth - ResearchAndMarkets.com

Retrieved on:

Tuesday, January 31, 2023

The Global Retail Core Banking Solution Market size is expected to reach $7.4 billion by 2028, rising at a market growth of 9.8% CAGR during the forecast period.

Key Points:

The Global Retail Core Banking Solution Market size is expected to reach $7.4 billion by 2028, rising at a market growth of 9.8% CAGR during the forecast period.
Based on Component, the Retail Core Banking Solution Market is classified into Solution (without services) and Services.
Based on application, Retail Core Banking Solution Market is divided into Regulatory Compliance, Risk Management, Digital Banking, and Others.
North America led the Retail Core Banking Solution Market with the largest revenue share in 2021.

Global Retail Core Banking Solution Market Report 2022: Growing Demand for Improved Customer Experience Drives Innovation

Retrieved on:

Tuesday, January 31, 2023

The Global Retail Core Banking Solution Market size is expected to reach $7.4 billion by 2028, rising at a market growth of 9.8% CAGR during the forecast period.

Key Points:

The Global Retail Core Banking Solution Market size is expected to reach $7.4 billion by 2028, rising at a market growth of 9.8% CAGR during the forecast period.
Based on Component, the Retail Core Banking Solution Market is classified into Solution (without services) and Services.
Based on application, Retail Core Banking Solution Market is divided into Regulatory Compliance, Risk Management, Digital Banking, and Others.
North America led the Retail Core Banking Solution Market with the largest revenue share in 2021.

Joint Statement by Canadian Banks and Life Insurance Companies Regarding Annual Meetings in 2023

Retrieved on:

Thursday, December 8, 2022

CIBC, RBC, Health, National bank, TD, Laurentian Bank of Canada, Insurance, Sun Life Financial, Canada Life, Manulife, Exercise, Scotiabank, BMO, Organization, Public health, COVID-19, Toronto-Dominion Bank, Great-West Lifeco, Canadian Western Bank

As a result, we have once again jointly obtained a court order that enables our 2023 annual meetings to be held, as electronic-only or as hybrid meetings, as determined by each financial institution.

Key Points:

As a result, we have once again jointly obtained a court order that enables our 2023 annual meetings to be held, as electronic-only or as hybrid meetings, as determined by each financial institution.
The order was obtained because Canadian banks and insurance companies are not permitted to conduct an electronic annual meeting in lieu of an in-person meeting without relief from the court.
The specific arrangements for each annual meeting will be announced separately, by each financial institution, prior to the scheduled date.
We encourage our shareholders and policyholders to visit our websites in advance of our annual meetings for the most current information.

CWB and Brim Expand Partnership to Deliver Innovative New Business Credit Card Program

Retrieved on:

Thursday, December 15, 2022

Brim Financial and Canadian Western Bank (CWB) announced today the expansion of their partnership with a new business credit card offering.

Key Points:

Brim Financial and Canadian Western Bank (CWB) announced today the expansion of their partnership with a new business credit card offering.
After a successful partnership and rollout of CWBs personal credit card s, CWB and Brim are introducing an innovative suite of credit card products for CWBs business banking clients.
Clients with a CWB business credit card will have access to Brims full suite of time-saving functionalities, product capabilities, and business workflows.
Modern features, include:
We are thrilled to build on our strong partnership and enable CWBs business clients to access Brims globally-recognized Credit Card as a Service platform .