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Bullboard - Stock Discussion Forum Canadian Imperial Bank of Commerce T.CM.PR.S


Primary Symbol: T.CM Alternate Symbol(s):  T.CM.PR.P | T.CM.PR.Q | T.CM.PR.Y | CM | T.CM.PR.O

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and... see more

TSX:CM - Post Discussion

Canadian Imperial Bank of Commerce > Why does CIBC need 20$ billion ?
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Post by insidersnoop1 on Aug 01, 2023 9:04pm

Why does CIBC need 20$ billion ?

July 28 (Reuters) - Canadian Imperial Bank of Commerce:

* CANADIAN IMPERIAL BANK OF COMMERCE FILES FOR MIXED SHELF OF UP TO $20 BILLION – SEC FILING, according to news from TD WebBroker.

Comment by radcat on Aug 02, 2023 8:54am
Smaller regional American banks have taken a pounding this year. Perhaps CIBC is going in the hunt for U.S. bank assets on the cheap. From Investopedia: Shelf Offering: What It Is, How It Works, Advantages, and Example   By  JAMES CHEN   Updated March 15, 2023 Reviewed by  ...more  
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