Canada’s CIBC lost $64 million in a day in gold market turmoil
Canadian Imperial Bank of
Commerce (CIBC) took a trading loss of C$88.2 million
($64 million) in one day in March due mainly to volatility in
the gold market, the bank said in its second-quarter earnings
report on Thursday.
Commerce (CIBC) took a trading loss of C$88.2 million
($64 million) in one day in March due mainly to volatility in
the gold market, the bank said in its second-quarter earnings
report on Thursday.
Posted by Reuters
