Capital
Markets

History

We are always looking for new and better ways to help our clients in North America and around the world respond to the right opportunities at the right time.

A skyline view of multiple tall office buildings

2020

The business is referred to as CIBC Capital Markets.

A group of 6 CIBC Executives stand facing the camera

2019

CIBC acquires Cleary Gull, a Milwaukee-based boutique investment banking firm specializing in middle market M&A, private capital placement and debt advisory.

A young caucasian man speaks to a young woman while holding a laptop

2018

CIBC launches Innovation Banking, a full-service business that delivers strategic advice and funding to North American technology and innovation clients at each stage of their business cycle, from startup to IPO and beyond.

A low angle photo of the CIBC building with cement pillars

2017

CIBC acquires PrivateBancorp and becomes CIBC Bank USA.

A young woman sits on her couch while looking at a tablet

2012

Alternate Solutions Group (ASG) is formed and begins to launch a series of market-leading payment and money movement solutions that leverage capital markets trading and technology for public sector, corporate, institutional and retail clients globally.

2012

CIBC acquires Griffis & Small LLC, a Houston-based energy advisory firm specializing in acquisitions and divestitures (A&D) in the exploration and production (E&P) sector.

1997

The institutional segment of CIBC Wood Gundy formed the core of our wholesale banking arm, CIBC World Markets Inc.

A caucasian man sits at a stock exchange desk in the early 1990s

1994

CIBC Wood Gundy was officially launched, which combined the Global Investment and Corporate Banking businesses of CIBC Capital Markets and Wood Gundy.

Black and White photo of men sitting around desks talking on early 20th century phones

1988

The Canadian Imperial Bank of Commerce, looking to establish a world-class investment banking capability, purchased controlling interest of Wood Gundy.

Black and white photo of Canadian Bank of Commerce and sign reading Now Under One Roof

1961

The Commerce and Imperial Bank of Canada merge to form Canadian Imperial Bank of Commerce.

Black and white photo of four men standing on a construction site in the early 20th century

1905

Wood, Gundy & Company, the precursor of CIBC Capital Markets' investment banking arm, opened in Toronto on February 1, 1905.

Black and white photo of 11 men sitting in front of the Canadian Bank of Commerce

1867

Canadian Bank of Commerce is founded and the first branch is opened in Toronto.

Learn more about the history of CIBC