TORONTO (Reuters) -CIBC announced on Thursday that its CEO Victor Dodig would retire in October and be replaced by Harry Culham, the head of the Canadian bank's capital markets division. Culham will serve as chief operating officer as of April 1 and take over as CEO on November 1, Canada's fifth-largest lender said. As part of CIBC's executive shakeup in September, Culham took on additional responsibility to oversee the bank's global asset management business and enterprise strategy, along with CIBC's Caribbean business.
Money market account rates today, March 13, 2025 (earn up to 4.51% APY)
Looking for the best money market account interest rates available today? Here’s where to find the highest rates. Is a good time to open a money market account?
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1 Number That Shows Why Bitcoin Will Go Higher Over the Long Term
With Bitcoin (CRYPTO: BTC) currently priced at about $82,000, down from its high of more than $109,000 in January, investors are doubtlessly looking for some good news that might help them to believe that their holdings will be worth more in the future than they're worth right now. Here's the one number you need to know to appreciate why Bitcoin's future as an investment looks even brighter than its impressive run to date. It's obvious that the more people who buy Bitcoin in a given day, the more its price will go up as buyers compete for the limited supply.
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