Canadian Imperial Bank of Commerce

Now what? CIBC has been fined at least $2.4 billion; and there may be more to come. Citigroup has a sell on the stock. Miserable news indeed.

In our Report that comes out at the end of this week we have 8 comments to make about CIBC and the stock. We have also revised our rating and rating number.

If you would like to receive this report just email us at fraserratings@yahoo.ca; if you would like to know our revised rating and rating number right away just email us at the same address and we will answer you within the hour.