$50 million initiatives includes ethics hotline for staff
Canadian Imperial Bank of Commerce will pay US$80 million to settle charges of aiding and abetting the Enron Corp. accounting fraud, the U.S. Securities and Exchange Commission said Monday. The SEC alleged that between June 1998 and October 2001, CIBC and Enron structured 34 financings as “asset sales” for accounting and financial reporting purposes, allowing […]
Raises quarterly dividend
TAL Global named sub-advisor
Bank kicks of earnings season
Etherington named chairman, Hunkin continues as CEO
Bank reaches agreement with CCRA
Some banks show marginal improvement, but most managers are still far from satisfied
Scotiabank stands out as TD and CIBC continue to grapple with problems
Huge changes are underway, and that is undermining account managers’ perceptions of their firms