UPDATE 3-CIBC profit beats forecasts and bank cuts workforce 5%
25 Feb UPDATE 3-CIBC profit beats forecasts and bank cuts workforce 5%
Posted at 15:07h
in
News
by KMFSLLP
Canadian Imperial Bank of Commerce
reported better-than-expected quarterly profit on
Wednesday, the latest domestic bank to exceed estimates thanks
to a boost from its capital markets business despite sluggish
performance in some other areas.
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