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Canadian Bank of Commerce ( (TSE:CM) ) just unveiled an announcement.
CIBC has expanded its lineup of Canadian Depositary Receipts (CDRs) by introducing six new European CDRs listed on Cboe Canada, focusing on notable Dutch and Swiss companies. This expansion aims to enhance opportunities for Canadian investors to access global stocks in Canadian dollars while minimizing currency risks, thereby bolstering CIBC’s offerings and positioning within the investment sector.
More about Canadian Bank of Commerce
CIBC is a major North American financial institution serving 14 million clients across personal banking, business, public sector, and institutional sectors. It offers a comprehensive range of financial services including personal and business banking, commercial banking, wealth management, and capital markets, through both digital and physical channels in Canada, the United States, and internationally.
YTD Price Performance: -1.10%
Average Trading Volume: 1,028,528
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $58.09B
Learn more about CM stock on TipRanks’ Stock Analysis page.
