CIBC's McCaughey on Ranking of Strongest Banks

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May 3 (Bloomberg) –- Gerald McCaughey, chief executive officer of Canadian Imperial Bank of Commerce, talks with Bloomberg’s Doug Alexander about Bloomberg Markets' second annual ranking of the world’s strongest banks and what factors contribute to the dominance of Canadian banks. Singapore's Oversea-Chinese Banking Corp. tops the list for the second year. CIBC was No. 3 on the list. The story is featured in the June issue of Bloomberg Markets magazine. (Source: Bloomberg)

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