CWB finalizes its investment in McLean & Partners Wealth Management Ltd.

CWB finalizes its investment in McLean & Partners Wealth Management Ltd. 
EDMONTON, May 21, 2013 /CNW/ - Canadian Western Bank (CWB or the Bank) today 
announced it has closed its previously announced investment of 55% ownership 
in McLean & Partners Wealth Management Ltd. (McLean & Partners). The finalized 
transaction is effective May 17, 2013. 
McLean & Partners is a Calgary-based firm specializing in wealth management 
for high net worth individuals. With assets under management approaching $1 
billion, the investment strategies and services of McLean & Partners are an 
excellent strategic fit with CWB's existing banking, trust and wealth 
management operations. The transaction supports a key strategic objective to 
enhance CWB's revenue diversification and earnings contributions from less 
capital intensive sources. Specific financial details of the all-cash 
transaction were not released. At the outset, the transaction is not expected 
to have a material impact on CWB's overall regulatory capital position or 
adjusted earnings per common share. 
About Canadian Western Bank 
Canadian Western Bank offers a full range of business and personal banking 
services across the four western provinces and is the largest publicly traded 
Canadian bank headquartered in Western Canada. The Bank, along with its 
operating affiliates, National Leasing Group Inc., Canadian Western Trust 
Company, Canadian Direct Insurance Incorporated, Valiant Trust Company, Adroit 
Investment Management Ltd. and Canadian Western Financial Ltd., collectively 
offer a diversified range of financial services across Canada and are together 
known as the Canadian Western Bank Group. The common shares of Canadian 
Western Bank are listed on the Toronto Stock Exchange under the trading symbol 
"CWB". The Bank's Series 3 Preferred Shares trade on the Toronto Stock 
Exchange under the trading symbol "CWB.PR.A". Refer to www.cwb.com for 
additional information. 
About McLean & Partners 
McLean and Partners Wealth Management is a Calgary-based investment company, 
offering portfolio management services to affluent families since 1999. 
Managing close to $1 billion, the company develops custom portfolios through 
segregated and private investment strategies encompassing global equities, 
fixed income and market alternative investments. For additional information 
visit www.mcleanpartners.com. 
Chris Fowler President and Chief Executive Officer Canadian Western Bank 
Phone: (780) 423-8888 
Kirby Hill, CFA Director, Strategy & Communications Canadian Western Bank 
Phone: (780) 441-3770 Email:kirby.hill@cwbank.com 
SOURCE: Canadian Western Bank 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/May2013/21/c8765.html 
CO: Canadian Western Bank
ST: Alberta
NI: FIN MNA  
-0- May/21/2013 20:42 GMT
 
 
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