CIBC a takeover candidate? | Dundee Securities


I have been waiting for mention of one of the Canadian Banks and merger/ takeover prospects, in the context of capital adequacy. This in light of never ending announcements of new sets of losses, some tied to subprime, and some tied to bad decision making and market speculation. Those losses have grown consequently since that 2007 post. CIBC a takeover candidate? – FP Trading Desk The possibility of more writedowns at CIBC could force the bank into another’s hands, says John Aiken, analyst at Dundee Securities. Following on the heels of the U.S. Federal Reserve’s Fannie Mae and Freddie Mac … Continue reading CIBC a takeover candidate? | Dundee Securities