Wednesday, April 4, 2007

DBRS Upgrades CIBC Ratings

Investment Executive, James Langton, 4 April 2007DBRS has upgraded all its ratings on CIBC and removed the Under Review with Positive Implications status, which was placed on the ratings March 1.This rating action confirms DBRS�s preliminary view that the bank continues to make progress in raising capital ratios to levels comparable to peers and better managing reputation-related risk, factors

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