Talk:Canadian Western Bank

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Recommended - 2011 Information Update[edit]

CPelletierIR 18:51, 12 August 2011 (UTC). The information contained in this wiki article is largely out-of-date. NOTE: Due to my Conflict of interest as an employee at Canadian Western Bank (CWB) I am resticticting my contributions to this article's discussion form.[reply]

The article doesn't include reference to two recent mergers at Canadian Western Bank. Specifically the acquisition of 72.5% ownership of Adroit Investment Management Ltd. in (2008) and the acquisition of National Leasing Group Inc. in (2010). As referenced in [1], which is included at the bottom of the existing article article. These two recent aquisitions have effectively placed Canadian Western Bank in the Financial Services Industry instead of the currently listed Bank Industry considering that CWB now offers Banking, Trust Serviecs, Insurance and Wealth Management through the collective identity of CWB Group (as seen in the CWB Group logo located in the article). Additional suggestions for updates including appropriate refence material is included as follows:

Recommended - Article Introduction[edit]

CPelletierIR 18:51, 12 August 2011 (UTC). The current article introduction really doesn't provide the reader with any detailed information. I would recommend updating this section with the following information as referenced in the Canadian Western Bank About Us webpage[2]:[reply]

The Canadian Western Bank (CWB) (French: La Banque Albertaine Canadian Western Bank) (TSX: CWB) is the largest publicly traded Canadian bank headquartered in Western Canada. The bank is primarily focused on serving small and mid-sized companies in the areas of general commercial financing, commercial real estate and construction financing, energy lending, and large-scale equipment financing and leasing. In addition to providing comprehensive business banking services, the bank also offers a complete range of personal banking products and services. CWB and its operating affiliates, which are together known as Canadian Western Bank Group (CWB Group), offer a diversified range of financial services through 39 banking branches, eight trust locations, two centralized insurance offices, a focused commercial equipment leasing centre and one wealth management location.

CWB Group employs more than 1,800 people working in over 50 different communities across Canada. CWB Group collectivly offers banking, trust, insurance and wealth management services to its customers.

Recommended - Operations & Corporate Stucture - Section[edit]

CPelletierIR 18:51, 12 August 2011 (UTC). The current article doesn't include a listing of CWB's corporate structure, readers have no idea which partner companies make up Canadian Western Bank Group really doesn't provide the reader with any detailed information. I would recommend updating this section with the following information as referenced in the pages of Canadian Western Bank's 2010 Annual Report[3]:[reply]

Canadian Western Bank’s corporate headquarters are located at Canadian Western Bank Place, 10303 Jasper Avenue in Edmonton, Alberta, Canada.

Canadian Western Bank’s operating affiliates include:

  • Canadian Direct Insurance Inc. (100% ownership) – insurance products and services.
  • Canadian Western Financial Ltd. (100% ownership) – mutual fund dealer.
  • Canadian Western Trust Company (100% ownership) – personal and corporate trust services. Optimum Mortgage is a division of Canadian Western Trust Company and offers residential mortgages via a network of mortgage brokers.
  • National Leasing Group Inc. (100% ownership) – commercial equipment leasing.
  • Valiant Trust Company (100% ownership) – specialty trust services including stock transfer, corporate trust, escrow and employee plan services.
  • Adroit Investment Management Ltd (76.5% ownership) – investment and wealth management.

Recommended - External Links[edit]

CPelletierIR 18:51, 12 August 2011 (UTC). The current article doesn't include external links to all of CWB Groups operating affiliates, readers are therefore restricted from accessing these external websites. I would recommend updating this section with the following information:[reply]

References[edit]

  1. ^ "Canadian Western Bank - History". Canadian Western Bank. Retrieved 2011-08-12.
  2. ^ "Canadian Western Bank - About Us". Canadian Western Bank. Retrieved 2011-08-12.
  3. ^ "Canadian Western Bank 2010 Annual Report". Canadian Western Bank. Retrieved 2011-08-12.

CPelletierIR 18:51, 12 August 2011 (UTC)[reply]

Number of Employees[edit]

I'm pretty sure the number stated on here (632) is incorrect? Can it be verified by an source? Onishenko 22:30, 30 November 2006 (UTC)[reply]

I found the answer to my own question, 632 was the Oct. '03 number. The Oct. '05 number was 1,025. Unsure of this year? Onishenko 22:38, 30 November 2006 (UTC)[reply]

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