CIBC says PrivateBancorp will boost profits
The subsidiary has over 2,700 staff and operates in 17 countries
The takeover -- the largest in the bank’s 150-year history -- gives the lender a commercial and private banking presence in 12 additional markets
The head of wealth management will leave the bank as part of the changes, which were announced this morning
Victor Dodig of CIBC is part of this year's Wealth Professional Canada's Host List.
Financials drags as Home Capital slips again... Home Capital conference call sets alarm bells ringing... CIBC merger approved...
A new shareholder vote date might increase the urgency to narrow the contentious bid gap
The bank’s better-than-expected earnings results may not prevent the deal from getting derailed by a price dispute
The bank is the first of the Big Six to release its results
The fate of the takeover bid is still up in the air