Friday, September 28, 2007

CIBC World Markets Will Have Weaker Q4 2007 Results

The Toronto Star, Rita Trichur, 28 September 2007Canadian Imperial Bank of Commerce says tough market conditions are weighing on its World Markets business and warned the division's fourth-quarter results will be weaker than levels achieved earlier this year prior to the full-scale meltdown in U.S. subprime residential mortgages.CIBC World Markets, the bank's wholesale and corporate banking arm,

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