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CIBC quarterly profit slips 2% on capital markets; raises payout

2014-12-04 13:27:24| Grocery - Topix.net

Canadian Imperial Bank of Commerce's profit slipped in the fourth quarter, largely because of weaker capital markets earnings, but earnings were in line with analyst expectations. The bank reported net income of $811-million, down 1.7 per cent from the year prior.

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