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India Press Release (Free subscription) | 12/06/2009
General Motors India and Oriental Bank of Commerce have signed a Memorandum of Understanding (MOU) to finance the sale of GM India vehicles both at wholesale and retail levels.
PR News Wire (Free subscription) | 12/01/2009
SAN RAMON, Calif., Dec. 1 /PRNewswire/ -- Bank of Commerce Mortgage, a leading provider of residential mortgage solutions, today announced a new loan origination platform that utilizes a paperless environment to deliver more reliable loan solutions, including conventional and FHA loans, for borrowers.
Indian Express (Free subscription) | 12/04/2009
State-owned Oriental Bank of Commerce on Thursday said it is looking at a deposit growth of 24% and 20-22% credit growth for this fiscal.
Banknerd.ca (Free subscription) | 12/03/2009
Canadian Imperial Bank of Commerce (CIBC) noted that its profits and revenues have risen in the latest quarter despite the recession. CIBC reported net income for the three months which ended October 31st, 2009 is $644 million or $1.56 per share. This is up from a profit of $436 million or $1.06 per share which was [...]
Rush Is a Band (Free subscription) | 12/03/2009
Geddy Lee was a special guest at the 25th annual Canadian Imperial Bank of Commerce (CIBC) Miracle Day charity event yesterday in Toronto. According to reports from a few lucky fans who were there and spoke to the man himself, Geddy said that Rush plans on entering the studio very, very soon and are hoping to then tour this summer . While this is a tentative sort of statement and there has...
Market Watch (Free subscription) | 12/03/2009
LONDON (MarketWatch) -- Canadian Imperial Bank of Commerce said that its fourth-quarter net income totaled $644 million, or $1.56 a share, up from $436 million, or $1.06 a share, at the same point a year ago. "Against the backdrop of a recessionary economy, our core businesses performed well," said Gerry McCaughey, CIBC President and Chief Executive Officer. "As a result of our...
StreetInsider.com News Articles (Free subscription) | 12/02/2009
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Economics: 8:30am EST Initial Claims - Street sees 480K Continuing Claims - Street sees 5400K Productivity Rev. - Street sees 8.5% Employment Cost Index - no Street consensus Earnings: Argon ST (NASDAQ: STST) – consensus EPS $0.31 Canadian Imperial Bank of Commerce...
Rush Is a Band (Free subscription) | 12/02/2009
Media Advisory - Reminder: CIBC hosts media on trading floor to celebrate 25 years of 'miracles' Today is the 25th annual Canadian Imperial Bank of Commerce (CIBC) Miracle Day - the annual flagship fundraising event for the CIBC Children's Foundation. On Miracle Day CIBC's wholesale banking sales and trading staff and CIBC Wood Gundy Investment Advisors donate their fees and commissions to...
Daily News Analysis (Free subscription) | 11/30/2009
State-owned Oriental Bank of Commerce is working on a strategy to focus on re-pricing its high-cost deposits in order to improve its profit margins.
