Employees donate commissions from today’s trading to charity
Leith to head CIBC World Markets
Applies to previously registered reps, subject to conditions
New family includes 30 indices
In a new report Friday, CIBC World Markets tries to predict stocks that could be deleted from the S&P/TSX Index at its next quarterly rebalancing; and, those that could be added.The report says that S&P/TSX is expected to announce the list of index additions/deletions by Sept. 15, with the changes to take effect after the […]
First time a fund company has settled with the SEC
CIBC World Markets is cutting its earnings estimates for brokerage house GMP Capital Corp., following the failure of the proposed merger between Iamgold Corp. and Wheaton River Minerals Ltd. The firm said that it is cutting its earnings per share estimate for the firm to $1.44 from $1.49, based on the rejection of the deal. […]
Dealer to provide pricing data to retail fixed income trading system
California warned CIBC World Markets and two other investment banks Tuesday that they must comply quickly with a code of financial conduct or be suspended from doing business with the state. State Treasurer Phil Angelides said the investment banking arm of CIBC, as well as Edward Jones and Wedbush Morgan Securities, will be barred from […]
Growth rate still shy of Bank’s forecast