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BRIEF-CIBC says adequate buffer to withstand house price declines
August 24, 2017 / 12:47 PM / a month ago

BRIEF-CIBC says adequate buffer to withstand house price declines

Aug 24 (Reuters) - Canadian Imperial Bank Of Commerce

* Cibc ceo says inorganic activity “will be largely on hold for an interim period”

* Cibc cro says bank has adequate buffer to withstand drop in housing prices

* Cibc retail head says starting to see evidence of softening in toronto housing market, anticipates further softening Further company coverage: (Reporting by Matt Scuffham)

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