Less diversified, riskier loan portfolios leave banks more vulnerable to downturn
The bank hopes the recent merger of its private wealth firms will allow them to stand out in a crowded marketplace
Combined platform gives clients "a more cohesive, strengthened wealth offering"
Alongside Manulife Securities getting a new president and CEO, other shifts occurred
CWB and Meridian will continue to offer outside products
Integration of T.E. Wealth and Leon Frazer platforms gives bank scale to compete with Big Six, CWB executives say
ATB Financial was also hit by higher loan loss provisions
Frohnsdorf succeeds the retiring Scott Scobie
CSA issues guidance for taking annual meetings online
CWB will add approximately 140 employees and $6 billion in assets under management