Wednesday, 29 June 2016

CIBC to Buy PrvateBancorp in Chicago for $3.8 Billion

Canadian Imperial Bank of Commerce in Toronto has agreed to buy PrivateBancorp in Chicago for $3.8 billion, finally giving the Canadian bank a meaningful retail presence in the United States.

source http://www.americanbanker.com/news/dealmaking-strategy/cibc-to-buy-prvatebancorp-in-chicago-for-38-billion-1081747-1.html

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