The Canadian Press

1995-12-07 | Bank Profits

Preview Clip

CIBC chairman Al Flood defended the bank's record earnings after it became the latest Canadian chartered bank to crash through the billion-dollar profit barrier. That brought the total profits of Canada's banks to 5.18-billion dollars for the fiscal year -- 900-million dollars more than the previous year. Flood said CIBC is a huge company that more than pulls its weight.

Date: 1995-12-07
Placeline: TORONTO, Ontario.
Source: The Canadian Press
Length: 22 seconds

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