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CIBC makes digital push
2015-10-09 17:03:00| Grocery - Topix.net
Canadian Imperial Bank of Commerce is stepping up its migration to digital services as it seeks to cut $600 million in costs by 2018 and see off a raft of new fintech competitors. At an investor day, CIBC revealed that it is forecasting C$4.9 billion in annual profit from its three main operating businesses by 2018, an impressive 29% rise on 2014.
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