The Canadian Imperial Bank of Commerce (CIBC) is rumored to be talking to Allied Irish Bank about a possibility in a minority position in one of Ireland’s largest financial institutions. In an Irish media report on Friday, it has been noted that CIBC has made overtures in the past two weeks as part of a
Archive for the ‘News’ Category
Scotiabank New Insurance Centres
Scotiabank is announcing its new Home and Auto Insurance Program as it expands its partnership with Sun Life. This is associated with the launch of additional Life and Health products, not to mention the enhanced capabilities and the grand opening of its first Insurance Centre initially marketing Home and Auto Insurance. There are two locations
TD Canada Trust Ranks Highest in Customer Satisfaction
TD Canada Trust ranked highest in customer satisfaction according to the J.D. Power and Associates 2009 Canadian Retail Baking Customer Satisfaction Study. For the fourth year in the row TD Canada Trust has been rated the highest in satisfaction among the big fix Canadian retail banks. In March and June 2009, the study was conducted
Weekly New Watch 6
Reaching the end of the week is always a great feeling as we can relax on the weekend and take in the events that took place this week. In the Toronto stock market we it close slightly higher on Friday, however it lost ground on the week after a second set of U.S. economic data
Bank of Canada Announces 2009 Law Enforcement Award of Excellence for Counterfeit Deterrence Recipient
The Bank of Canada is pleased to announce the recipient of its 2009 Law Enforcement Award of Excellence for Counterfeit Deterrence Recipient. The RCMP’s National Anti-Counterfeit Bureau (NACB) and its staff were honoured on August 11th, during the annual conference of the Canadian Association of Chiefs of Police in Charlottetown, Prince Edward Island. RCMP Commissioner
CIBC Wins “Best Consumer Internet Bank” Honours
Canadian Imperial Bank of Commerce (CIBC) was again voted the “Best Consumer Internet Bank” in Canada with the “Best Online Consumer Credit Site” in North America for the second year in a row, according to Global Finance magazine in its 10th annual “World’s Best Internet Banks” competition. CIBC has been recognized in two categories on
Surge in Personal Bankruptcies
The number of overall bankruptcies across Canada rose 51.6% in June 2009 compared with June 2008 as a growing tide of consumers and businesses were unable to pay their debts. The report released on Tuesday August 11th, from the Office of the Superintendent of Bankruptcy of Canada shows there were 11,338 filing in June, which










