Canadian Imperial Bank of Commerce at Scotiabank Financials Summit (Virtual) Transcript

Sep 09, 2021 / 02:30PM GMT
Meny Grauman - Scotiabank - Analyst

Welcome back. It's my pleasure to introduce our next speaker, the President and CEO of CIBC, Victor Dodig. Victor, thanks for being with us.

Victor Dodig - Canadian Imperial Bank of Commerce - President and CEO

Good morning, Meny. Good morning, everyone. It's nice to be here. It's a real pleasure.

Meny Grauman - Scotiabank - Analyst

Victor, I wanted to start off with, I think the question that is on everyone's mind -- so maybe just as a preamble, I think when I look at the strides CIBC has made through the pandemic, I think they've been significant. You were aggressive in terms of the buildup of your reserves. You were proactive in terms of deferrals. And through the entire pandemic, which isn't a given, you've pushed the business strategically forward, in the mortgage business in particular. And really the question that a lot of investors have is, really, what comes next? With respect to that retail transformation, where's the focus going to shift now that mortgages are in a good

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