(TSX: CM) (NYSE: CM) has said that Lowenhaupt Global Advisors (LGA), a family office in St.
The 'AAA' rating of CIBC
's legislative covered bonds is based on CIBC
's long-term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of two notches (revised from zero), an unchanged payment continuity uplift (PCU) of six notches and a recovery uplift of one notch.
, with consolidated assets of approximately $381 billion, is the fifth largest insured depository organization in Canada.
Under the amended agreement, PrivateBancorp stockholders received USD 24.20 in cash and 0.4176 of a CIBC
common share for each share of common stock of PrivateBancorp held.
This new card leverages a first-of-its-kind two-button technology that combines a no annual fee CIBC
Visa credit card with a classic Tim Card, all in one.
This marks the final requirement for the Aeroplan transformation, which will take off with the launch of Aeroplan program enhancements including the launch of Distinction, as well as new credit card products from TD and CIBC
from January 1, 2014.
Mellon Trust Company (CMT)'s standalone bank-level baseline credit
The new unsecured credit card solution is available as part of a package for qualified clients holding an eligible CIBC
Simon Whitfield, Pan American Games and Olympic medalist, performed the credit card transaction, buying coffee at Tim Hortons using the CIBC
Mobile Payment(TM) App on a BlackBerry smartphone from Rogers.
Canada's fifth largest bank, Canadian Imperial Bank of Commerce (CIBC
), on Monday said it had agreed to buy Citigroup Inc's C$2.1 billion Canadian credit-card portfolio to add MasterCard to its offerings.
's wholesale banking business has launched a set of tradable indices that offer investors easier access to interest rate and currency futures contracts.