March 8 (Reuters) - Canadian Imperial Bank of Commerce plans to sell its FirstLine discount mortgage unit in an effort to earn higher margins from its loans, the banks said as it reported a 9 percent ...
In a downturn, some firms scramble to get out of the business. Case in point: The sale of CIBC Oppenheimer's retail brokerage and asset management business to New York-based Fahnestock Viner Holdings, ...
Feb 15 (Reuters) - Canadian banks' move to raise basic banking services fees may help them partially offset a slowing net interest income growth, said CIBC World Markets as it raised its price targets ...