Tuesday December 11, I bought 15 shares of Canadian
Imperial Bank of Commerce at CA$ 105.98 per share plus commission.
Canadian Imperial Bank of Commerce, a diversified
financial institution, provides various financial products and services to
individual, small business, commercial, corporate, and institutional clients in
Canada, the United States, and internationally. The company operates through
four strategic business units: Canadian Personal and Small Business Banking;
Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and
Wealth Management; and Capital Markets. It offers chequing, savings, tax free
savings, and business accounts; loans, lines of credit, student lines of
credit, and business and agriculture loans; fixed and variable rate, first time
home buyer, and commercial mortgages; rapid and franchise financing services;
and home power plan solutions. The company also provides prepaid, credit, and
commercial cards; and guaranteed investment certificates, investment banking,
mutual funds, structured notes, education RESPs, and disability RDSPs, as well
as portfolio, business, and investment solutions. In addition, it offers
government supported programs; travel and creditor insurance products;
specialty services, such as established business, agriculture, and indigenous
banking services, as well as banking services for professionals; and custody,
corporate trust, and transfer agency services. Further, the company provides
student, youth, senior, newcomers, and foreign workers banking offers, as well
as banking bundles. Additionally, it offers overdraft protection, switch kit,
retirement planning, precious metal purchasing, cash management, merchant,
trade finance, correspondent banking, community commitment, asset management,
self-directed brokerage, and online foreign exchange services, as well as
mobile, online, and ATM services. The company also operates an advice center.
Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in
Toronto, Canada.
