The business is referred to as CIBC Capital Markets.
CIBC acquires Cleary Gull, a Milwaukee-based boutique investment banking firm specializing in middle market M&A, private capital placement and debt advisory.
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.
CIBC acquires PrivateBancorp and becomes CIBC Bank USA.
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.
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.
The institutional segment of CIBC Wood Gundy formed the core of our wholesale banking arm, CIBC World Markets Inc.
CIBC Wood Gundy was officially launched, which combined the Global Investment and Corporate Banking businesses of CIBC Capital Markets and Wood Gundy.
The Canadian Imperial Bank of Commerce, looking to establish a world-class investment banking capability, purchased controlling interest of Wood Gundy.
The Commerce and Imperial Bank of Canada merge to form Canadian Imperial Bank of Commerce.
Wood, Gundy & Company, the precursor of CIBC Capital Markets' investment banking arm, opened in Toronto on February 1, 1905.