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Canadian Imperial Bank of Commerce T.CM

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

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

Post by fakmizon Mar 12, 2020 1:39pm
359 Views
Post# 30800132

Real Panic selling in market

Real Panic selling in marketthere is little reason to sell good dividend paying stocks right now except Panic selling!!! Yes, we have a virus that is effecting many people worldwide but so did the flu last year with substantially more people dying compared to the Conos-19 virus. Ecomonies are thrieving, people are still earrning pay cheques and spending their money the banks will make profits, albeit they may be less than last year. However the world is not coming to an end.  The media and Governments have overbrlown the situation very badly. Unfortunately the analysises and brokers are convincing the elderly to sell their stocks so they can make their commisions and, as a result the elder are loosing their life savings and will never be able to recover. All brokers during these times and, senior government officials, in my view, are dispicable!
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