Edition:
United Kingdom

Canadian Western Bank (CWB.TO)

CWB.TO on Toronto Stock Exchange

33.71CAD
18 Oct 2018
Change (% chg)

$-0.26 (-0.77%)
Prev Close
$33.97
Open
$33.88
Day's High
$33.88
Day's Low
$33.61
Volume
105,292
Avg. Vol
188,292
52-wk High
$40.83
52-wk Low
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Global banks fear China will limit JV control through new rules

HONG KONG/SHANGHAI Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors.

Global banks fear China will limit JV control through new rules

* Under draft rules top owner must have net asset worth $16 bln

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