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CIBC says it in talks on potential $2 billion U.S. acquisition
2015-04-23 18:35:58| Grocery - Topix.net
Canadian Imperial Bank of Commerce is in talks with several U.S. companies on a potential $2 billion wealth-management and private-banking acquisition, its top executive said in an interview. But Chief Executive Victor Dodig said CIBC, which has been eyeing the U.S. wealth management space for a while, must be patient as such companies don't come cheap.
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