UPDATE 2-CIBC profit beats on capital markets strength, takes C$339 mln severance charge
25 Feb UPDATE 2-CIBC profit beats on capital markets strength, takes C$339 mln severance charge
Posted at 12:31h
in
News
by KMFSLLP
Canadian Imperial Bank of Commerce
reported better-than-expected quarterly profit on
Wednesday, becoming the latest domestic bank to exceed estimates
thanks to a boost from its capital markets business.
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