Canadian Imperial Bank of Commerce

Latest stories

14m
Belfast Telegraph
Banks lead stock market rallyaccounts for about 70% of US economic activity, picked up in the spring after g
Banks lead stock market rally
Belfast Telegraph / Posted 14 minutes ago
accounts for about 70% of US economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for 47 dollars per share in cash and... Read more
212 related stories
16m
TribLIVE
Stock rally’s second day turns Dow, S&P 500 positive for yearfor about 70 percent of U.S. economic activity, picked up in the spring after g
Stock rally’s second day turns Dow, S&P 500 positive for year
TribLIVE / Posted 16 minutes ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
58m
Boston Globe
Dow, S&P 500 back in the black for 2016US market also got a boost from news that consumer spending rose 0.4 percent in
Dow, S&P 500 back in the black for 2016
Boston Globe / Posted 58 minutes ago
US market also got a boost from news that consumer spending rose 0.4 percent in May after a 1.1 percent surge in April. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $3.73 billion. PrivateBancorp shares... Read more
162 related stories
2h
The Champaign News-Gazette
U.S. stocks claw back half of ground lost post-British votefor about 70 percent of U.S. economic activity, picked up in the spring after g
U.S. stocks claw back half of ground lost post-British vote
The Champaign News-Gazette / Posted 2 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
3h
WTHR Indianapolis
US stocks claw back half of ground lost post-British votefor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks claw back half of ground lost post-British vote
WTHR Indianapolis / Posted 3 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
3h
Ventura County Star
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
Ventura County Star / Posted 3 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
4h
The Hendersonville Times-News
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
The Hendersonville Times-News / Posted 4 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
5h
The Mercury News
U.S. stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
U.S. stocks rise following strong gains in global markets
The Mercury News / Posted 5 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
5h
WTHR Indianapolis
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
WTHR Indianapolis / Posted 5 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
5h
Silicon Valley
U.S. stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
U.S. stocks rise following strong gains in global markets
Silicon Valley / Posted 5 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
5h
The Wilmington Star-News
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
The Wilmington Star-News / Posted 5 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
5h
WFTV 9 Orlando
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
WFTV 9 Orlando / Posted 5 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
6h
Greeley Tribune
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
Greeley Tribune / Posted 6 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
7h
Your Hometown Lima Stations
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
Your Hometown Lima Stations / Posted 7 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
7h
WFTV 9 Orlando
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
WFTV 9 Orlando / Posted 7 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
7h
ABC News
US Stocks Rise Following Strong Gains in Global Marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US Stocks Rise Following Strong Gains in Global Markets
ABC News / Posted 7 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
8h
Salon.com
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
Salon.com / Posted 8 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
8h
Daily Herald
US stocks rise following strong gains in global marketsfor about 70 percent of U.S. economic activity, picked up in the spring after g
US stocks rise following strong gains in global markets
Daily Herald / Posted 8 hours ago
for about 70 percent of U.S. economic activity, picked up in the spring after getting off to a slow start in 2016. The Canadian Imperial Bank of Commerce agreed to buy bank holding company PrivateBancorp for $47 per share in cash and stock, or... Read more
212 related stories
9h
FOX Business
Stocks Up for 2nd Day After Brexit Selloffa strict review of Bayer AG's pending $62 billion merger with Monsanto. Privat
Stocks Up for 2nd Day After Brexit Selloff
FOX Business / Posted 9 hours ago
a strict review of Bayer AG's pending $62 billion merger with Monsanto. PrivateBancorp Inc.'s shares soared 23% after Canadian Imperial Bank of Commerce said it's agreed to buy the Chicago-based lender for about $3.8 billion in cash and... Read more
9h
FOX Business
Stocks Up for 2nd Day After Brexit Selloffa strict review of Bayer AG's pending $62 billion merger with Monsanto. Privat
Stocks Up for 2nd Day After Brexit Selloff
FOX Business / Posted 9 hours ago
a strict review of Bayer AG's pending $62 billion merger with Monsanto. PrivateBancorp Inc.'s shares soared 23% after Canadian Imperial Bank of Commerce said it's agreed to buy the Chicago-based lender for about $3.8 billion in cash and... Read more
10h
Fortune
One of Canada's Biggest Banks Is Buying Chicago's PrivateBancorpCanadian Imperial Bank of Commerce cmsaid it would buy Chicago-based PrivateBan
One of Canada's Biggest Banks Is Buying Chicago's PrivateBancorp
Fortune / Posted 10 hours ago
Canadian Imperial Bank of Commerce cmsaid it would buy Chicago-based PrivateBancorp pvtb in a cash-and-stock deal valued at about $3.8 billion to offer its Canadian clients access to U.S. banking services. PrivateBancorp’s shares rose about 25... Read more
4 related stories
10h
Market Watch
CIBC agrees to purchase PrivateBancorp for $3.8 billionCanadian Imperial Bank of Commerce on Wednesday said it agreed to buy PrivateBa
CIBC agrees to purchase PrivateBancorp for $3.8 billion
Market Watch / Posted 10 hours ago
Canadian Imperial Bank of Commerce on Wednesday said it agreed to buy PrivateBancorp Inc., a Chicago-based middle-market commercial bank, for about $3.8 billion in cash and stock, as CIBC looks to expand its reach in North America. PrivateBancorp... Read more
4 related stories
11h
Reuters
Stock futures tread higher as Brexit fears ebbquarterly sales and forecast. * PrivateBanCorp (PVTB.O) jumped more than 25 pe
Stock futures tread higher as Brexit fears ebb
Reuters / Posted 11 hours ago
quarterly sales and forecast. * PrivateBanCorp (PVTB.O) jumped more than 25 percent to $45 after agreeing to be bought by Canadian Imperial Bank of Commerce (CM.TO) for about $3.8 billion. * Williams Cos (WMB.N) was down 3.6 percent at $19.90... Read more
42 related stories
11h
FOX Business
Stock Futures Higher as Brexit Fears Ebbquarterly sales and forecast. * PrivateBanCorp jumped more than 25 percent to
Stock Futures Higher as Brexit Fears Ebb
FOX Business / Posted 11 hours ago
quarterly sales and forecast. * PrivateBanCorp jumped more than 25 percent to $45 after agreeing to be bought by Canadian Imperial Bank of Commerce or about $3.8 billion. * Williams Cos was down 3.6 percent at $19.90 after Energy... Read more
42 related stories
11h
FOX Business
Stock Futures Higher as Brexit Fears Ebbquarterly sales and forecast. * PrivateBanCorp jumped more than 25 percent to
Stock Futures Higher as Brexit Fears Ebb
FOX Business / Posted 11 hours ago
quarterly sales and forecast. * PrivateBanCorp jumped more than 25 percent to $45 after agreeing to be bought by Canadian Imperial Bank of Commerce or about $3.8 billion. * Williams Cos was down 3.6 percent at $19.90 after Energy... Read more
42 related stories
11h
Channel NewsAsia
Stock futures tread higher as Brexit fears ebbquarterly sales and forecast. * PrivateBanCorp jumped more than 25 percent to
Stock futures tread higher as Brexit fears ebb
Channel NewsAsia / Posted 11 hours ago
quarterly sales and forecast. * PrivateBanCorp jumped more than 25 percent to US$45 after agreeing to be bought by Canadian Imperial Bank of Commerce for about US$3.8 billion. * Williams Cos was down 3.6 percent at US$19.90 after Energy... Read more
42 related stories
12h
Reuters
Canada's CIBC to buy U.S.-based PrivateBancorp in $3.8 billion dealA Canadian Imperial Bank of Commerce (CIBC) sign is seen outside of a branch in
Canada's CIBC to buy U.S.-based PrivateBancorp in $3.8 billion deal
Reuters / Posted 12 hours ago
A Canadian Imperial Bank of Commerce (CIBC) sign is seen outside of a branch in Ottawa, Ontario, Canada, May 26, 2016. Canadian Imperial Bank of Commerce said it would buy Chicago-based PrivateBancorp Inc in a cash-and-stock deal valued at about... Read more
4 related stories
12h
Channel NewsAsia
Canada's CIBC to buy US-based PrivateBancorp in US$3.8 billion dealREUTERS: Canadian Imperial Bank of Commerce said it would buy Chicago-based Pri
Canada's CIBC to buy US-based PrivateBancorp in US$3.8 billion deal
Channel NewsAsia / Posted 12 hours ago
REUTERS: Canadian Imperial Bank of Commerce said it would buy Chicago-based PrivateBancorp Inc in a cash-and-stock deal valued at about US$3.8 billion to expand its business. CIBC said on Wednesday it would pay US$47 per share for PrivateBancorp.... Read more
4 related stories
12h
The Globe and Mail
CIBC in $4.9-billion deal to buy Chicago-based PrivateBancorpCanadian Imperial Bank of Commerce said it would buy Chicago-based PrivateBanco
CIBC in $4.9-billion deal to buy Chicago-based PrivateBancorp
The Globe and Mail / Posted 12 hours ago
Canadian Imperial Bank of Commerce said it would buy Chicago-based PrivateBancorp Inc in a cash-and-stock deal valued at about $4.9-billion to expand its business. CIBC said on Wednesday it would pay $47 per share for PrivateBancorp. This represents... Read more
4 related stories
5d
Bangkok Post - Thailand's English news
Asia markets swing wildly as Brexit results roll inof realism that's causing some reasonably skittish market movements," Jeremy St
Asia markets swing wildly as Brexit results roll in
Bangkok Post - Thailand's English news / Posted 5 days ago
of realism that's causing some reasonably skittish market movements," Jeremy Stretch, head of foreign exchange strategy at Canadian Imperial Bank of Commerce in London, told Bloomberg News. "It does look like the margin between the two sides is... Read more
5d
Newsmax
Global Markets Lurch as Early Results Favor Brexitthat’s causing some reasonably skittish market movements,” said Jeremy Stretch,
Global Markets Lurch as Early Results Favor Brexit
Newsmax / Posted 5 days ago
that’s causing some reasonably skittish market movements,” said Jeremy Stretch, head of foreign-exchange strategy at Canadian Imperial Bank of Commerce in London. “It does look like the margin between the two sides is going to be relatively... Read more
5d
Manila Bulletin
Asia markets swing wildly as Brexit results come inof realism that’s causing some reasonably skittish market movements,” Jeremy St
Asia markets swing wildly as Brexit results come in
Manila Bulletin / Posted 5 days ago
of realism that’s causing some reasonably skittish market movements,” Jeremy Stretch, head of foreign exchange strategy at Canadian Imperial Bank of Commerce in London, told Bloomberg News. “It does look like the margin between the two sides is... Read more
5d
Inquirier.net
Pound plunges as first results show strong Brexit voteof realism that’s causing some reasonably skittish market movements,” Jeremy St
Pound plunges as first results show strong Brexit vote
Inquirier.net / Posted 5 days ago
of realism that’s causing some reasonably skittish market movements,” Jeremy Stretch, head of foreign exchange strategy at Canadian Imperial Bank of Commerce in London, told Bloomberg News. “It does look like the margin between the two sides is... Read more
2 related stories
6d
Market Watch
Brexit: Pound likely to sell off even if U.K. votes to staymyopic in terms of risk scenarios surrounding the Brexit vote,” said Jeremy Str
Brexit: Pound likely to sell off even if U.K. votes to stay
Market Watch / Posted 6 days ago
myopic in terms of risk scenarios surrounding the Brexit vote,” said Jeremy Stretch, head of foreign-exchange strategy at Canadian Imperial Bank of Commerce. “Those broader fundamental stories would suggest that cable at $1.50 looks a little... Read more
7d
Zero Hedge
"It's An Alice In Wonderland World" - GRI Warns "Debt Is Being Piled Upon Debt Being Piled Upon Debt"be a signal to people that things are very wrong," said Nesbitt, who was former
"It's An Alice In Wonderland World" - GRI Warns "Debt Is Being Piled Upon Debt Being Piled Upon Debt"
Zero Hedge / Posted 7 days ago
be a signal to people that things are very wrong," said Nesbitt, who was formerly head of capital markets business at Canadian Imperial Bank of Commerce. "Europeans do not seem to have a way out in my view, so it’s quite a broken... Read more
7d
The Globe and Mail
Banks to use cutting-edge blockchain technology to speed up transactionsseven additional financial institutions have joined its network, including thre
Banks to use cutting-edge blockchain technology to speed up transactions
The Globe and Mail / Posted 7 days ago
seven additional financial institutions have joined its network, including three Canadian players: National Bank of Canada, Canadian Imperial Bank of Commerce and ATB Financial. Royal Bank of Canada joined in 2014. Blockchain is a distributed... Read more
3 related stories
9d
The Globe and Mail
Canada’s big banks could withstand a severe housing crash: Moody’swould be differences among the banks, though. Given its size, Royal Bank of Can
Canada’s big banks could withstand a severe housing crash: Moody’s
The Globe and Mail / Posted 9 days ago
would be differences among the banks, though. Given its size, Royal Bank of Canada would suffer the biggest overall losses. Canadian Imperial Bank of Commerce, though smaller, has a somewhat tighter focus on Canadian retail lending and would suffer... Read more
2 related stories
12d
The Globe and Mail
Canada’s inflation rate eases as gas prices jump, food costs fallprices hold onto their gains – let alone make further headway – we’ll be above
Canada’s inflation rate eases as gas prices jump, food costs fall
The Globe and Mail / Posted 12 days ago
prices hold onto their gains – let alone make further headway – we’ll be above 2 per cent toward the end of the year,” Canadian Imperial Bank of Commerce economist Nick Exarhos said in a research note. The core measure, which serves as the... Read more
15d
Manchester Evening News
MAG refinances its bank facilitieswith two runways. The new credit facilities will be provided by BNP Paribas, B
MAG refinances its bank facilities
Manchester Evening News / Posted 15 days ago
with two runways. The new credit facilities will be provided by BNP Paribas, Barclays, Bank of Tokyo Mitsubishi UFJ, Canadian Imperial Bank of Commerce, HSBC, Handelsbanken, National Australia Bank and The Royal Bank of Scotland. Most of... Read more
18d
The Globe and Mail
Metro Vancouver’s detached house owners are under attackcohort of seniors in Canadian history, for help, or hope that their share of th
Metro Vancouver’s detached house owners are under attack
The Globe and Mail / Posted 18 days ago
cohort of seniors in Canadian history, for help, or hope that their share of the $750-billion in inheritance money that the Canadian Imperial Bank of Commerce predicts will be handed down over the next decade comes their way soon. Yes, the owners... Read more
20d
The Globe and Mail
Calgary dealers shut out of Suncor stock offeringsome noses out of joint. Not surprisingly, the deal is led by the investment a
Calgary dealers shut out of Suncor stock offering
The Globe and Mail / Posted 20 days ago
some noses out of joint. Not surprisingly, the deal is led by the investment arms of major banks: Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and J.P. Morgan Chase. However, the other 12 underwriters are all also lenders to Suncor,... Read more
20d
Breitbart
21 New ‘Clinton Cash’ Revelations That Have Imperiled Hillary Clinton’s Campaignorganizations. Huffington Post: Clintons Bagged at Least $3.4 Million for 18 S
21 New ‘Clinton Cash’ Revelations That Have Imperiled Hillary Clinton’s Campaign
Breitbart / Posted 20 days ago
organizations. Huffington Post: Clintons Bagged at Least $3.4 Million for 18 Speeches Funded by Keystone Pipeline Banks Canadian Imperial Bank of Commerce and TD Bank—two of the Keystone XL pipeline’s largest investors—fully or partially... Read more
21d
The Globe and Mail
Suncor stock offering flying off the shelffifth-largest bought deal, tied with Manulife Financial’s issue in 2009. The le
Suncor stock offering flying off the shelf
The Globe and Mail / Posted 21 days ago
fifth-largest bought deal, tied with Manulife Financial’s issue in 2009. The lead underwriters are Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and JPMorgan Chase & Co. TD said as many as 175 institutions subscribed for $5-billion... Read more
2 related stories
22d
The Globe and Mail
Big Six Canadian bank stocks vs. smaller lendersin its return on invested capital in either the past 12 or 24 months. It also o
Big Six Canadian bank stocks vs. smaller lenders
The Globe and Mail / Posted 22 days ago
in its return on invested capital in either the past 12 or 24 months. It also offers the second-highest EPI (on par with Canadian Imperial Bank of Commerce), after Royal Bank of Canada. Unfortunately, TD’s above-average economic performance... Read more
23d
New Zealand's National Business Review
Gradual rate hikes aheadmarket expected following last Friday's number," Bipan Rai, executive director
Gradual rate hikes ahead
New Zealand's National Business Review / Posted 23 days ago
market expected following last Friday's number," Bipan Rai, executive director of foreign exchange and macro strategy at Canadian Imperial Bank of Commerce in Toronto, told Bloomberg. "Lack of follow through suggests that markets are somewhat... Read more
23d
The Globe and Mail
Grim U.S. jobs numbers may be bad news for Canadacent annualized, and little growth even excluding the impact of the Alberta fir
Grim U.S. jobs numbers may be bad news for Canada
The Globe and Mail / Posted 23 days ago
cent annualized, and little growth even excluding the impact of the Alberta fires,” Avery Shenfeld, chief economist with Canadian Imperial Bank of Commerce, said in a note. Because of Canada’s reliance on the U.S. economy to spur exports, “the... Read more
26d
The Globe and Mail
Millennials flock to city outskirts in search of affordable housingand a 15-per-cent increase over seven years. “They are being squeezed,” said B
Millennials flock to city outskirts in search of affordable housing
The Globe and Mail / Posted 26 days ago
and a 15-per-cent increase over seven years. “They are being squeezed,” said Benjamin Tal, deputy chief economist with Canadian Imperial Bank of Commerce. “They are priced out of what they want. We are seeing some kind of compromising.” Some... Read more
26d
The Globe and Mail
Big banks’ second-quarter results show optimism for the futureto energy companies, but Scotiabank was the most direct, even if it resorted to
Big banks’ second-quarter results show optimism for the future
The Globe and Mail / Posted 26 days ago
to energy companies, but Scotiabank was the most direct, even if it resorted to a baseball analogy. Best dividend streak Canadian Imperial Bank of Commerce raised its quarterly dividend again, marking its seventh straight quarterly bump. But the... Read more
28d
MacDailyNews
Apple Pay gets big expansion in Canada – MacDailyNewsPay digital wallet, according to a report from the Financial Post,” Rao reports
Apple Pay gets big expansion in Canada – MacDailyNews
MacDailyNews / Posted 28 days ago
Pay digital wallet, according to a report from the Financial Post,” Rao reports. “This adds to the Royal Bank of Canada and Canadian Imperial Bank of Commerce, which launched support for Apple Pay earlier this year.” “Apple Pay originally launched... Read more
28d
iLounge
Apple Pay expanded to all of Canada’s major bankscardholders. Last month Apple Pay expanded to support Visa and MasterCard in Ca
Apple Pay expanded to all of Canada’s major banks
iLounge / Posted 28 days ago
cardholders. Last month Apple Pay expanded to support Visa and MasterCard in Canada, but only for Royal Bank of Canada and Canadian Imperial Bank of Commerce customers. Today BMO, TD and Scotiabank join the other banks included in Canada’s “Big... Read more
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