CIBC – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Fri, 08 Mar 2024 21:12:13 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png CIBC – Investment Executive https://www.investmentexecutive.com 32 32 Banks face array of shareholder proposals https://www.investmentexecutive.com/news/research-and-markets/banks-face-array-of-shareholder-proposals/ Fri, 08 Mar 2024 21:12:13 +0000 https://www.investmentexecutive.com/?p=481917 Environment, executive compensation and governance issues highlight the big banks' upcoming proxy season

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]]> CIBC makes changes in senior executive ranks https://www.investmentexecutive.com/news/industry-news/cibc-makes-changes-in-senior-executive-ranks/ Thu, 07 Mar 2024 17:04:47 +0000 https://www.investmentexecutive.com/?p=481790 Chief financial officer Hratch Panossian will become senior executive vice-president and head of personal and business banking, effective April 1

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]]> Court green-lights funding for bank class actions https://www.investmentexecutive.com/news/from-the-regulators/court-green-lights-funding-for-bank-class-actions/ Tue, 05 Mar 2024 18:48:31 +0000 https://www.investmentexecutive.com/?p=481587 Four banks face lawsuits over duplicate NSF fees

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]]> Big bank earnings challenged by expenses: Fitch https://www.investmentexecutive.com/news/research-and-markets/big-bank-earnings-challenged-by-expenses-fitch/ Fri, 01 Mar 2024 19:33:19 +0000 https://www.investmentexecutive.com/?p=481400 Upfront spending weighs on banks' bottom lines, despite revenue growth

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]]> CIBC reports $1.73 billion Q1 profit as mortgage concerns ease https://www.investmentexecutive.com/news/industry-news/cibc-reports-1-73-billion-q1-profit-as-mortgage-concerns-ease/ Thu, 29 Feb 2024 17:24:29 +0000 https://www.investmentexecutive.com/?p=481310 Company says fears of impaired loans in its U.S. office portfolio have also been sorted out

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]]> Racial equity proposals get solid shareholder support https://www.investmentexecutive.com/news/research-and-markets/racial-equity-proposals-get-solid-shareholder-support/ Fri, 23 Feb 2024 19:28:09 +0000 https://www.investmentexecutive.com/?p=481001 Anti-ESG proposals fall flat with investors, SHARE reports

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]]> U.S. office sector pain widespread for banks: DBRS https://www.investmentexecutive.com/news/research-and-markets/u-s-office-sector-pain-widespread-for-banks-dbrs/ Wed, 14 Feb 2024 18:38:33 +0000 https://www.investmentexecutive.com/?p=480506 Rising refinancing risk, weaker valuations portend further loan losses

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]]> Housing shortages, affordability issues entrenched: reports https://www.investmentexecutive.com/news/research-and-markets/housing-shortages-affordability-issues-entrenched-reports/ Tue, 06 Feb 2024 21:16:23 +0000 https://www.investmentexecutive.com/?p=479951 Desjardins and CIBC examine both near- and long-term challenges

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]]> Trailer fee class action gets green light https://www.investmentexecutive.com/news/from-the-regulators/trailer-fee-class-action-gets-green-light/ Tue, 30 Jan 2024 20:18:44 +0000 https://www.investmentexecutive.com/?p=479481 Fourth case certified involving funds paying trailers to discount brokers

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]]> Proposed trailer fee class action denied again https://www.investmentexecutive.com/news/from-the-regulators/proposed-trailer-fee-class-action-denied-again/ Fri, 26 Jan 2024 19:33:22 +0000 https://www.investmentexecutive.com/?p=479355 Firms were allowed to collect trailers before the CSA ban, court rules

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