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Canadian Imperial Bank Of Comm

The Canadian Imperial Bank of Commerce (CIBC) is a Canadian multinational banking company headquartered in Toronto, Canada. While CIBC is not a publicly traded company on any US stock exchange, its shares do trade on the New York Stock Exchange (NYSE) under the ticker symbol "CM." This allows US investors to easily buy and sell shares of CIBC.

CIBC is one of the largest banks in Canada, providing a range of financial services to individuals, small businesses, and large corporations. Its services include retail banking, business banking, commercial banking, wealth management, and capital markets.

CIBC's presence in the US includes full-service offices in several states, including New York, Illinois, California, and Florida. The bank's US operations are primarily focused on providing corporate and investment banking services to clients in key industries such as healthcare, technology, and energy.

As of 2021, CIBC has a market capitalization of over $50 billion USD and employs over 44,000 people worldwide. The bank has a strong financial position, with a Tier 1 capital ratio of over 12%, well above the regulatory minimum.

Investors interested in purchasing shares of CIBC on the NYSE should be aware of the risks associated with investing in foreign companies, such as currency risk, political risk, and regulatory risk. However, CIBC's strong financial position and long history of success make it an attractive option for many investors.