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CIBC

10:32 AM EST - CIBC : Announced today that it has completed a strategic investment in Loop Capital, a Chicago headquartered financial services firm providing investment banking, brokerage, asset management and wealth management services to corporations, municipalities, hospitals, universities, institutional investors and high net worth individuals. Loop Capital has offices in 20 US cities, with more than 175 team members globally. CIBC shares T.CM are trading up $0.72 at $146.76.