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			<p id="updated">Posted  on 15/01/08</p>
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			<h2>CIBC braces for new hit</h2>
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<p class="byline">
								
                                
 RICHARD BLACKWELL
									
							
 and TARA PERKINS AND LORI MCLEOD
									
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<p class="source">With files from Boyd Erman</p>    


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			Canadian Imperial Bank of Commerce's massive $2.75-billion stock offering puts it in a bullet-proof position to weather more writedowns that may be in the pipeline, bank watchers said yesterday.
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	<p class="note">The full text of this article has <em class="wordlength">1106 words</em>.</p>

	
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