Current News For The Canadian Imperial Bank of Commerce

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Pound Strengthens for Third Week Against Dollar on Growth Signs Bloomberg “This week we have manufacturing and particularly services PMI moving up fairly significantly,” said Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce in London. “Alongside that, sterling is a risk-correlated currency and ... and more »

Globe and Mail

Canadian banks to meet with US regulators over Volcker rule Globe and Mail However, the Canadian banking sector argues the changes have unfair consequences for Canada, according to the joint letter sent Thursday by Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and ... and more »

Bloomberg

Dollar Weakens Versus Euro on Speculation US Payrolls Climbed Last Month Bloomberg “An increase of 100000 to 200000 should be beneficial for risk and see the dollar underperform,” said Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce in London. The Dollar Index (DXY), which IntercontinentalExchange Inc. and more »

TD Bank Considering US 'Wealth Opportunity,' Pedersen Says BusinessWeek “We view both of these businesses as potential growth drivers for the bank in the next few years,” said Pedersen, who worked at London-based Barclays Plc and Canadian Imperial Bank of Commerce before joining Toronto-Dominion in 2007. and more »

The Globe and Mail Globe and Mail Canadian Imperial Bank of Commerce CM-T stopped some forms of mortgage lending this week “in an effort to mitigate risks and meet changing regulatory requirements,” the bank said in a company memo. CIBC told brokers it is no longer accepting so-called ... and more »

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