CIBC/PrivateBancorp
Seeking to diversify beyond the Canadian economy, the Canadian Imperial Bank of Commerce said that it will acquire Chicago-based PrivateBancorp Inc. for $3.8 billion in cash and shares. The move would expand CIBC’s North American presence and will allow it to provide U.S. banking services to its Canadian customers. PrivateBancorp has 34 offices in 12 states.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
