Category Archives: CIBC
Canadians Plan to Retire at 63 on Average
According to a recent CIBC poll conducted by Harris/Decima, the average Canadian plans to retire at 63. The poll also shows that as Canadians draw closer to retirement they become less optimistic about achieving their savings goals and believe it … Continue reading
Posted in CIBC, The Banker Who
Tagged Baldo Minaudo banking consultant, Canadian retirement age, Canadian savings rate, Christina Kramer Executive Vice-President CIBC, CIBC bank, Harris/Decima Poll
Comments Off
CIBC Faces Class Action Suit Regarding Mortgage Prepayment Penalty
According to the Siskends LLP website, a class action was commenced in October 2011 against CIBC Mortgages Inc. regarding its practices for calculating prepayment penalties on mortgages entered into across Canada since 2005. The Statement of Claim alleges that CIBC … Continue reading
Posted in Baldo Minaudo, CIBC, The Banker Who
Tagged Canadian bank lawsuit, CIBC Lawsuit regarding mortgages, CIBC mortgage prepayment lawsuit, Ruth Noble, Siskend CIBC lawsuit, Siskend Statement of Claim
Comments Off
CIBC Loses Age Discrimination Lawsuit
On December 29, 2009 CBC (Canadian Broadcasting Corporation) wrote on their cbc.ca website about a 42-year-old banker at Canadian Imperial Bank of Commerce who won a lawsuit claiming his former employer discriminated against him because of his age when he … Continue reading
