The Financial Post reports in its Saturday, July 5, edition that CIBC encourages companies to take more risks and pursue acquisitions, noting that investors have favoured those that sold shares for this purpose. The Post's Geoffrey Morgan writes that CIBC's Tyler Swan says, "We're encouraging all of our clients to be bold." He says equity deals used to fund M&A have been well received with "deep order books and strong after-market trading performance." CIBC is in second place on Bloomberg's Canadian league table for equity and equity-linked financings, up five spots from last year. CIBC has worked on 10 such transactions this year and received league table credit for $1.3-billion worth of volume, data compiled by Bloomberg show. Those deals include Keyera, which in June raised about $2.1-billion to buy the Canadian natural gas liquids business of Plains All American Pipeline. Keyera's shares jumped on the news and have outperformed the S&P/TSX Energy Index since then. Similarly, CIBC advised Capital Power, which raised $517-million in April to acquire power plants in Pennsylvania and Ohio. That stock is up 20 per cent since that deal, sharply outperforming the Canadian utilities index.