Canada House of the Year

CIBC

cibc-tower
CIBC's headquarters in Toronto

Last year CIBC worked on creating firsts for the market; providing better clarity for its clients and taking advantage of changes in the market to develop new types of structures.

Investors have become wary of long tenors following the banking crisis, and CIBC has responded by issuing notes with maturities of three to five years – rather than the six- to eight-year principal-protected notes that were previously issued – and introducing principal-at-risk structures to the market.

“No one wants to

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