CIBC has increased tthe size of the offering of its Series 35 Shares to 10 million shares as a result of strong investor demand, the bank said Tuesday.The gross proceeds of the offering of non-cumulative Rate Reset Class A Preferred Shares, Series 35 will now be $250 million.In addition, CIBC has granted the underwriters an […]
Series 35 shares to yield 6.5%
Class graduates from inaugural CIBC Connection to Employment
Rating agency concerned with bank’s risk management
Bank heading into 2009 with strong capital position, McCaughey says
Bank enters into consulting arrangement with Flynn
Bank could not confirm whether Talvest client information was ever transferred
CIBC today announced that it has notified the NYSE Alternext US LLC of its intention to voluntarily withdraw the several equity linked notes from listing on NYSE Alternext due to the small number of holders of record of the notes and low secondary trading volume.CIBC expects the delisting to become effective on Nov. 20.CIBC says […]
Portfolio investment by Cerberus will allow CIBC to reduce downside risk while preserving upside potential
Client response is "overwhelmingly positive", bank says