The U.S. bank’s special meeting for shareholders to vote on the acquisition is now expected to be held on or about May 4
As RRSP season winds down, this should remind clients that retirement planning requires more than making an annual RRSP contribution, CIBC suggests
The bank also boosted its quarterly dividend by 3¢ to $1.27 per share
Launched in late 2015, the remittance business has spread to more than 45 countries, including Pakistan, Sri Lanka, Vietnam and the U.S.
Piper Jaffray’s 40 analysts cover 750 companies in the consumer, energy, financial, health-care, industrial and technology sectors
The three firms also agreed to make a $3-million payment to the OSC and to pay $50,000 in costs for their role in overcharging clients
Bank /fintech partnership will speed up borrowing process for existing CIBC clients
OSC hearing scheduled for Friday
Victor Dodig also spoke of his efforts to help create a growth fund for small and medium-sized businesses
The arrangement will allow the banks to share information, develop innovative products and services, and exchange employees working on innovation