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Hands Giving & Receiving Money

As the bid for talented advisors increases, other Big Six banks haven't made material changes to compensation for incoming branch advisors

  • By: Katie Keir
  • August 19, 2022 August 19, 2022
  • 10:35
CIBC building downtown Toronto

CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter

Toronto skyline in financial district

Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago

Banks

Assets under management in Canadian retail were $411 billion as of April 30, up from $397 billion at the end of Q2 2021

Banks

Dave McKay responded to criticism about the bank's climate strategy

Business and financial district in a city with pillars

CEO's prepared remarks at the meeting included criticism of the proposed federal bank surtax, which is expected in Thursday's budget

Canadian and British Flags

Acquisition will help grow, diversify the bank’s wealth management franchise

  • By: Staff
  • April 4, 2022 April 4, 2022
  • 14:19
Banks

Net interest margins set to expand as rates rise, loan growth picks up

Growing Graph

Strength in Canadian, U.S. retail banking underpinned revenue growth

Laurentian Bank of Canada reported first-quarter revenue of $257.5 million