Wealth and Asset Management
CIBC reports Q2 profit down from year ago, wealth management profit up 20%
CIBC raised its quarterly dividend as it reported its second-quarter profit fell compared with a year ago. The bank earned $1.52 billion or $1.62 per diluted share in net income for the quarter that ended April 30, down from $1.65 billion or $1.78 per diluted share in the same quarter…
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