CM:CC News and Press, Canadian Imperial Bank Of Commerce From 06/09/24

2024-06-09 12:28:56 ET Summary The Canadian Imperial Bank of Commerce has seen encouraging growth in trading revenues. Residential mortgages show potential for significant growth given the recent cut in interest rates by the Bank of Canada. I take a bullish view on the Canadia...

2024-06-07 16:00:00 ET The key interest rate has fallen. Canadians were thrilled this week to learn that the Bank of Canada made its first rate cut in over four years. This brought the interest rate down to 4.75% from 5%, and more are likely lining up for the summer. This can be great n...

2024-06-06 20:00:00 ET Canadian bank stocks continue to be some of the best places for Canadians to park their cash. But that doesn’t mean it’s every single Canadian bank. As we’ve seen, some of them have had a harder time making a comeback from this downturn compared t...

CIBC supports skilled trades with first-of-its-kind banking offer Canada NewsWire Skilled trades apprentices can now access new banking benefits while completing required training TORONTO , June 6, 2024 /CNW/ - CIBC announced today a new banking offe...

CIBC to Issue 4.90% NVCC Subordinated Debentures due June 12, 2034 Canada NewsWire /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , June 5, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today anno...

CIBC lowers prime lending rate Canada NewsWire TORONTO , June 5, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 25 basis points from 7.20 per cent to 6.95 per cent, effective Thursday, June 6, 2...

CIBC Innovation Banking announced today it has provided $10 million in growth capital to Spare, a leading provider of on-demand transit software. The funding will accelerate Spare's development of Artificial Intelligence (AI) solutions, helping to advance its mission to enhance public transit acc...

CIBC receives Indigenous Reconciliation Award and Innovation Award from Canadian federal Labour Program for the second year in a row Canada NewsWire TORONTO , June 3, 2024 /CNW/ - CIBC today announced it has received the Indigenous Reconciliation Award and t...

Media Advisory - CIBC's Hratch Panossian to Speak at TD Financial Services & Fintech Summit Media Advisory - CIBC's Hratch Panossian to Speak at TD Financial Services & Fintech Summit Canada NewsWire TORONTO , May 31, 2024 /CNW/ - Hratch Panossian ...

2024-05-31 08:00:00 ET Summary Canadian Imperial Bank of Commerce stock has returned about 34.7% in the past six months, outperforming the S&P 500. The rising stock price makes CIBC a riskier investment compared to safer alternatives like Treasury Notes. Risks include regu...