Canadian Bank of Commerce (TSE:CM) has released an update.
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CIBC has reported record financial performance for the fiscal year 2024, highlighting robust client growth, improved client experience scores, and strong credit quality. The bank plans to focus on strategic priorities such as growing in the mass affluent and high-net-worth client segments and expanding its digital services. CIBC also made strides in AI technology and sustainability, being recognized for its leadership in investment banking and sustainable finance.
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