The Federal Reserve Board on June 7 approved Canadian Imperial Bank of Commerce and CIBC Holdco Inc.'s application to acquire PrivateBancorp Inc.
As part of the proposal, CIBC Holdco will also become a bank holding company.
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The Federal Reserve Board on June 7 approved Canadian Imperial Bank of Commerce and CIBC Holdco Inc.'s application to acquire PrivateBancorp Inc.
As part of the proposal, CIBC Holdco will also become a bank holding company.