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CIBC

Chief financial officer Hratch Panossian will become senior executive vice-president and head of personal and business banking, effective April 1

Judge's gavel with magnifying glass on black.

Four banks face lawsuits over duplicate NSF fees

Canadian flags in business district

Upfront spending weighs on banks' bottom lines, despite revenue growth

Company says fears of impaired loans in its U.S. office portfolio have also been sorted out

diversity

Anti-ESG proposals fall flat with investors, SHARE reports

Empty office

Rising refinancing risk, weaker valuations portend further loan losses

home building

Desjardins and CIBC examine both near- and long-term challenges

Fourth case certified involving funds paying trailers to discount brokers

Firms were allowed to collect trailers before the CSA ban, court rules

Similar cases remain outstanding against the other big banks