CM Canadian Imperial Bank of Commerce

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

 

 

For the month of February, 2016

Commission File Number: 1-14678

 

 

CANADIAN IMPERIAL BANK OF COMMERCE

(Translation of registrant’s name into English)

Commerce Court

Toronto, Ontario

Canada M5L 1A2

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☐

Form 40-F ☒

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ______

 

        Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____

 

        Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g 3-2(b) under the Securities Exchange Act of 1934:

 

Yes ☐

No ☒

 

If yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g 3-2(b): _____

 

 

The information contained in this Form 6-K is incorporated by reference into the Registration Statements on Form S-8 File Nos. 333-130283 and 333-09874 and Form F-10 File No. 333-201259 and Form F-3 File No. 333-202584.

 

 

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

	CANADIAN IMPERIAL BANK OF COMMERCE
Date:   February 12, 2016	By:	/s/ Stephen Forbes
	Name:	Stephen Forbes
	Title:	Executive Vice-President

 

 

 

Exhibits

 

Exhibits		Description
99.1		News Release Dated February 12, 2016 - CIBC Releases Revised Supplementary Financial Information

 

Exhibit 99.1

 

CIBC Releases Revised Supplementary Financial Information

TORONTO, Feb. 12, 2016 /CNW/ - CIBC (TSX: CM) (NYSE: CM) released today an abridged Supplementary Financial Information package for the period ending October 31, 2015, reflecting a number of changes that will be adopted beginning in the first quarter of 2016. 

While these changes impact the results of our strategic business units (SBUs), there is no impact on consolidated net income. The changes are as follows:

1.

Redefinition of client segmentation within the corporate and investment banking and business banking lines of business within Capital Markets and Retail and Business Banking, respectively. This resulted in the transfer of client accounts between these lines of business. These changes reinforce our client-focused strategy, and result in a greater degree of industry specialization and expertise, while providing enhanced client coverage.

2.

The transfer pricing methodology used by treasury to charge and credit the SBUs for the cost and benefit of funding assets and liabilities, respectively, was enhanced to better align to our liquidity risk models.

3.

Within Capital Markets, equity and debt underwriting revenue, previously shared between the global markets and corporate and investment banking lines of business, is now reported entirely within the corporate and investment banking line of business.

4.

Within Wealth Management, the wealth advisory services business previously reported in the asset management line of business was transferred to the retail brokerage line of business. In addition, an "other" line of business was established to include the results of American Century Investments, previously reported in the asset management line of business.

The affected pages of the Supplementary Financial Information are available for download at https://www.cibc.com/ca/investor-relations/quarterly-results.html.

About CIBC

CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units - Retail and Business Banking, Wealth Management and Capital Markets - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. You can find other news releases and information about CIBC in our Media Centre on our corporate website at www.cibc.com/ca/media-centre/.

SOURCE CIBC - Investor Relations

%CIK: 0001045520

For further information: Investor Relations: Alice Dunning, 416-861-8870, alice.dunning@cibc.com; Jason Patchett, 416-980-8691, jason.patchett@cibc.com; Investor & Financial Communications: Erica Belling, 416-594-7251, erica.belling@cibc.com

CO: CIBC - Investor Relations

CNW 08:00e 12-FEB-16