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CIBC is a leading Canadian-based financial institution with a market capitalization of $31.8 billion and a Tier 1 capital ratio of 13.8%. Through our three main business units – Retail and Business Banking, Wealth Management and Wholesale Banking – our 42,000 employees provide a full range of financial products and services to more than 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. Our strategy
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Our businesses Wealth Management provides relationship-based advisory services and an extensive suite of leading investment solutions to meet the needs of institutional, retail and high net worth clients. Our asset management, retail brokerage and private wealth management businesses combine to create an integrated offer, delivered through nearly 1,500 advisors across Canada. Wholesale Banking provides a wide range of credit, capital markets, investment banking and research products and services to government, institutional, corporate and retail clients in Canada and in key markets around the world. |
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CIBC’s history began with the founding of the Canadian Bank of Commerce on May 15th, 1867 – the same year Canada was founded. Eight years later, in 1875, the Imperial Bank of Canada opened its doors in Toronto. In 1961, these two chartered banks merged to form the Canadian Imperial Bank of Commerce. Their combined history is full of adventure and entrepreneurial spirit, all in the name of client service.
Whether introducing North America’s first flying bank in the Northwest Territories, launching a floating bank on the St. Lawrence River, or being the first bank to bring a mobile stock trading App to Canadian investors, CIBC’s dedication to providing our clients with more ways to bank and access financial resources has made it a pioneer in Canadian business. That energy, confidence and client focus remains at the core of CIBC’s approach to business.
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