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Updated: 2 days 6 hours ago

CIBC has Agreed to Buy PrivateBancorp in $3.8 Billion Cash and Stock Deal

Thu, 06/30/2016 - 08:37


Toronto, Canada based Canadian Imperial Bank of Commerce (CIBC) agreed on Wednesday to buy PrivateBancorp Inc. based in Chicago for $3.8 billion cash and stock deal.

That makes it one more Canadian lender to join the list of companies who are betting on U. S. market growth and are looking at diversifying their business beyond their home territory.

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Memorial Day Sales Kicks Off with Retailers Offering Big Discounts

Sun, 05/29/2016 - 06:38


Memorial Day weekend can be a good time to shop especially with the big discounts offered by most retailers. Starting from apparels, furniture to mattresses almost anything could be found at a cheaper rate and for those with a keen eye for shopping there are plenty of places to explore.

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