Wealth and Asset Management
CIBC Sees $5 Billion PrivateBank Deal Fueling U.S. Expansion
Canadian Imperial Bank of Commerce will operate newly acquired PrivateBank under the CIBC banner rather than as a standalone entity, and the Chicago-based lender will ultimately be a platform for further U.S. expansion, Chief Executive Officer Victor Dodig said. “When we come together, we’ll operate under a more unified brand,"…
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Click here to read the full story: Bloomberg