Canadian Imperial Bank of Commerce at Royal Bank of Canada Canadian Bank CEO Conference Transcript

Jan 09, 2023 / 05:35PM GMT
Darko Mihelic - RBC Capital Markets, Research Division - MD & Equity Analyst

Okay. So we'll start with some introductory statements here. And before we begin, I'd just like to remind you all that Victor's comments today may include forward-looking statements. Actual results could differ materially from forecasts, projections or conclusions in these statements. Listeners can find additional details in the public filings of CIBC.

Questions and Answers:

Darko Mihelic - RBC Capital Markets, Research Division - MD & Equity Analyst

So with that, Victor, we can start our session off. I think I want to do the usual run through, which is we start with capital. And in your situation, we do have a situation where we have a capital base that with the DSP being increased, and you have some charges coming in Q1. So maybe if you can just walk us through where you see your capital ratio landing. And over and above that, what do you do? And how do you manage your capital if potentially the DSP is raised later on this year or even earlier?

Victor G.
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