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Canadian Western Bank's shares plummet after it postpones its financial results, sparking speculation.
Canadian Western Bank (CWB) shares fell nearly 12% after the bank postponed its fourth-quarter financial results release without explanation, setting a new release date for mid-December.
This delay has sparked speculation about potential accounting issues or a pending deal.
National Bank of Canada, which is in the process of acquiring CWB, also saw its shares drop by up to 3%.
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Las acciones del Canadian Western Bank se desplomaron después de posponer sus resultados financieros, provocando especulación.