11:28:38 EDT Sun 12 May 2024
Enter Symbol
or Name
USA
CA



Canadian Imperial Bank of Commerce (CIBC)
Symbol CM
Shares Issued 931,811,338
Close 2024-02-26 C$ 62.81
Market Cap C$ 58,527,070,140
Recent Sedar Documents

Globe says BMO, CIBC still doing old-style conferences

2024-02-26 06:55 ET - In the News

See In the News (C-BMO) Bank of Montreal

The Globe and Mail reports in its Monday edition that ask Brian Friedman, the president of Jefferies Financial Group, what separates his Wall Street investment bank from a host of U.S. and Canadian rivals, and he talks about "structural depth." The Globe's Andrew Willis writes that ask Mr. Friedman what that depth actually looks like, and he highlights the company's investor conferences. All banks stage these events. This week, for example, everyone who is anyone in mining will be in Miami for BMO Capital Market's 33rd annual metals, mining and critical minerals conference. In March, CIBC Capital Markets will hold a retail and consumer company showcase in Toronto for the 27th consecutive year. The difference between these gatherings and the events Jefferies stages is scope. BMO and CIBC cast a broad net, inviting companies from a variety of sectors. Many Jefferies events are far more focused. Last year, the company held a conference titled Spotlight on ReCommerce. It only featured retailers selling used goods. The spotlight shone bright on companies such as Savers Value Village Inc., which has 153 thrift stores in Canada, as the company went public in a $400-million (U.S.) debut led by Jefferies and three other banks.

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