Sale expected to generate $25 million after-tax gain
Leith to head CIBC World Markets
Bank to purchase up to 17 million shares
Bank will pay $16.5 million, plus costs
B.C., Quebec also strong
Scotiabank, CIBC make donations for relief efforts in Caribbean
Agrees to pay $16.5 million
Sells credit card issuer Juniper Financial for US$293 million
A British Columbia appeals court has ruled that a suit claiming that the banks improperly charge interest on credit card balances must be decided by looking at contracts between credit card users and providers.The case concerns two women, Cheryl Dahl and Donna Lewis, who are suing three of the big banks, Royal Bank of Canada, […]
Problems this week came a month after tech-related crisis at RBC