UPDATE 1-Canada's CIBC lost $64 million in a day on paper in gold market turmoil
May 28, 2020 at 18:15 PM EDT
Canadian Imperial Bank of Commerce (CIBC) took a mark-to-market trading loss of C$88.2 million ($64 million) in one day in March due mainly to volatility in the gold market, the bank said in its second-quarter earnings report on Thursday.
