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CI

Canadian Imperial Bank of Commerce

CIBC is a North American bank based in Toronto providing personal, business and commercial banking, wealth management, capital markets and cross-border services in Canada and the United States.

Canadian Imperial Bank of Commerce (CIBC) is a North American financial institution headquartered in Toronto, with operations spanning Canada and the United States. Its business lines include personal, business, commercial and institutional banking, wealth management, capital markets and insurance. The capital markets arm serves institutional clients, while commercial banking provides tailored solutions for commercial and small-business customers. Cross-border solutions are offered to clients operating in both Canada and the United States.

The bank traces its origins to the Canadian Bank of Commerce, whose first branch opened in Toronto in 1867. CIBC was formed in 1961 through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the latter founded in 1875. Its stated purpose is helping make clients' ambitions a reality, and it describes its approach as putting clients at the centre of its work and building trusted, enduring relationships.

Service lines comprise:

  • Personal and Business Banking - accounts, credit cards, mortgages, lending, investments, insurance and digital banking.
  • Commercial Banking - tailored commercial and small-business banking.
  • Wealth Management - investment and wealth management services.
  • Capital Markets - services for institutional clients.
  • Cross-Border Solutions - banking for clients active in Canada and the United States.

The bank operates across the financial services, banking, wealth management, capital markets and insurance sectors, with technical work in digital banking and financial services technology. It states that it invests in its clients, employees and communities.

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