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Canadian Imperial Bank of Commerce (CM.TO: QuoteProfile , Research) is interested in further expansion in the Caribbean. The bank recently took a large chuck of  hq.

Presently, the bank  is scouting for potential acquisition opportunities in the Caribbean, as CIBC is sitting on vast amounts of excess capital for the next three years. CIBC made no indication on winch  will be the suitable (audition) Targets …….and by suitable CIBC means:

  • Hitting  the banks criteria
  • Right value point
  • Strategic rationale

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