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CIBC Overtakes Scotiabank in Market Value After Stock’s 47% Run

Summary by Bloomberg
Canadian Imperial Bank of Commerce has inched past Bank of Nova Scotia in market capitalization to become Canada’s fourth-most valuable bank, as investor sentiment shifts in favor of lenders with more exposure to the domestic market.

Bias Distribution

  • 100% of the sources lean Left
100% Left

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Bloomberg broke the news in United States on Friday, July 18, 2025.
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