Canadian Imperial Bank of Commerce (TSX: CM) is one of the biggest (‘Big 5’) banks in Canada. Commonly known by its abbreviation ‘CIBC’, it was formed by the merger of Canadian Bank of Commerce and Imperial Bank of Canada in June 1961. The CIBC operates in segments like retail banking, business banking, capital markets and wealth management. With around 11 million personal clients, the CIBC has business in countries beyond Canada like the United States, the United Kingdom, etc.

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