Index allows Canadian investors the ability to customize their exposures across 16 different commodities
Bank takes charges on structured credit business
Rating agency affirms ratings for Canadian banks
CIBC is planning to open 21 new or expanded full-service banking centres set across the country by early 2010, the bank said Wednesday.These new locations are part of CIBC’s five-year strategic plan to build, relocate and expand over 70 new branches, 23 of which have opened to date, to enhance the service experience for its […]
CIBC intends to redeem all $750 million of its 4.25% Debentures due June 1, 2014, the bank said Wednesday.In accordance with their terms, the debentures will be redeemed at 100% of their principal amount on June 1, 2009. The interest accrued on the debentures to the redemption date will be paid through CIBC Mellon Trust […]
BMO, CIBC, Manulife and TD recognized for programs to assist recent immigrants
Program assists newcomers through educational seminars and job-readiness training
Beginning this Sunday, March 15, an additional 15 CIBC branches across the country will open their doors on Sundays from noon to 4 p.m.“With Canada’s diverse population, we know Monday to Friday just doesn’t work for everyone. Sunday is now a busy shopping day for many Canadians. That’s why we’re adding full-service Sunday banking at […]
CIBC has completed its issue $200 million of preferred shares, the bank said Friday.The offering consisted of 8 million non-cumulative Rate Reset Class A Preferred Shares, Series 37, priced at $25 per Series 37 Share.The offering was made through a syndicate of underwriters led by CIBC World Markets Inc. The Series 37 Shares commence trading […]
Bank’s pro-forma Tier 1 capital ratio to rise to 11.5%