CIBC

In June 1st, 1961, two chartered banks The Canadian Bank of Commerce and the Imperial Bank of Canada had merged to form the Canadian Imperial Bank of Commerce (CIBC). The bank does not only focus on banking but also retail market and the world market. CIBC Retail Markets comprises our retail markets, wealth management and cards businesses, which together provide a full range of financial products and services to more than 11 million individual and small business clients, primarily in Canada. CIBC World Markets is the wholesale banking arm of CIBC, providing a range of integrated credit and capital markets products, investment banking and merchant banking to clients in key financial markets in North America and around the world. CIBC also have five functional groups that provide infrastructure support services. Administration - provides governance and support services to CIBC and its strategic business lines. Corporate Development - reinforces an owner-manager mindset among CIBC\'s leaders to develop and grow their business. Finance - provides accounting and financial reporting services to CIBC and its strategic business lines. Technology and Operations - provides a wide range of shared technology and operations services. Treasury and Risk Management - measures, monitors and controls CIBC\'s exposure to risk.