Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s): CM | T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Financial Services

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.

TSX:CM - Post by User

Canadian Imperial Bank of Commerce

Bullboard Posts

Post by Tokatoon Dec 19, 2007 11:22am

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Post# 14045260

Believe CM planning equity

I believe CM is reviewing the possibility of an equity issue in January. they need ACA to be downgraded as trigger. They will likely go for $2B even if they decide to only write-down ACA portion.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload