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CIBC has agreed to pay $125 million to settle a class-action lawsuit that had accused the bank of misrepresenting its exposure to U.S. residential mortgage-backed securities ahead of the financial crisis.
Source: ctv business
CIBC to pay 5 million to settle class-action lawsuit in wake of financial crisis
Direct Loan Canada is a Canadian-based company specializing in loan capacity analysis and personal loan endorsement. Our goal is to find personal loans for our clients, regardless of the status of their credit report, by guaranteeing a discreet and professional service. In addition, we deal exclusively with lending companies having the required permits and in compliance with the law. With Direct Loan Canada it's fast and easy!