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 …
Canadian Imperial Bank of Commerce (TSX:CM)(NYSE ... but that might not be the case when it comes to CIBC. Comparing the performance of the big banks Year to date, CIBC?s stock has performed well with its share price …
CIBC FirstCaribbean’s parent yesterday confirmed its subsidiary is exploring a US stock exchange listing, a move likely to stoke speculation of a Canadian bank withdrawal from the region. The Barbados-headquartered bank, in a statement …
TORONTO (Reuters) - Canadian Imperial Bank of Commerce (CM.TO) is targeting a valuation of 10 times earnings ... of its thinly traded shares on the Barbados Stock Exchange. Reuters reported in December that CIBC, which holds a 91.5 …
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 …
That would represent a 30 percent discount to FirstCaribbean's current market capitalization, based on the value of its thinly traded shares on the Barbados Stock Exchange. Reuters reported in December that CIBC, which holds a 91.5 …
Jan 10 (Reuters) - Canadian Imperial Bank Of Commerce : * CIBC - DEAL WITH UNDERWRITERS LED BY CIBC CAPITAL ... AN APPLICATION TO LIST SERIES 47 SHARES AS OF CLOSING DATE ON TORONTO STOCK …