Welcome to our dedicated page for Canadian Imperial Bank of Commerce news (Ticker: $CM), a resource for investors and traders seeking the latest updates and insights on Canadian Imperial Bank of Commerce stock.
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CIBC announced an amendment to its CARDS II securitization program, allowing revenue from Mastercard credit card accounts to be included in addition to Visa credit card accounts. This change offers more flexibility to the program and enhances diversification. The securities issued by CARDS II Trust have not been registered under the U.S. Securities Act of 1933. CIBC is a prominent North American financial institution serving millions of clients across various sectors.
