TORONTO – CIBC is looking to raise up to US$240 million in an initial public offering in the United States for its FirstCaribbean International Bank Ltd. subsidiary. The Canadian bank wants to sell 9.6 million shares in the bank at a …
The CIBC bank logo is seen Tuesday, June 21, 2016 in Montreal. CIBC is looking to raise up to US$240 million in an initial public offering in the United States for FirstCaribbean International Bank Ltd. THE CANADIAN PRESS/Paul Chiasson …