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National Bank lobby

Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier

Canadian money

OSFI is requiring an interim transition for liquidity measurement by Aug. 1 as the regulator consults on wholesale funding categories

Toronto skyline in financial district

Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders

A TD Bank building in Calgary Downtown stock photo

The quarter included a $1.6-billion charge to settle a lawsuit

calculating numbers for income tax return with glasses pen and calculator

Rising interest rates drive increase in wealth management revenue

Financial District of London and the Tower Bridge

Deutsche Bank forecasts Bank of England’s 2% target reachable in 2024

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


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