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TD, CIBC disclose telecom loans

Article Abstract:

Toronto, Ont.-based Canadian Imperial Bank of Commerce and Toronto, Ont.-based Toronto-Dominion Bank will disclose their loans record in the cable television and telecommunications sector. The banks have responded to investors' worries over over-exposure in the volatile telecom market.

Author: Howlett, Karen
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Financial management, Toronto Dominion Bank

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Bank profits continue to soar

Article Abstract:

The leading six banks in Canada have reported strong earnings, with combined profits of $2.9 billion for the second quarter ended April 30, 2000. The banks also reported combined profits of $9.1 billion for the fiscal year 1999 compared with $7.1 billion in 1998.

Author: Howlett, Karen
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000

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CIBC mulls IPO for Amicus

Article Abstract:

John Hunkin, the chairman of Toronto, Canada-based Canadian Imperial Bank of Commerce, announced the bank will launch an initial public offering for its e-commerce unit. CIBC will spin off the unit through the IPO.

Author: Howlett, Karen
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Securities

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Subjects list: Banking industry, Commercial banks, Canada, Finance, Canadian Imperial Bank of Commerce
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