CIBC Quick Facts
Who We Are
CIBC is a leading Canadian-based financial institution. Through our three main business units – Retail and Business Banking, Wealth Management and Wholesale Banking – CIBC provides a full suite of financial products and services in Canada and around the world.
To be the leader in client relationships
To fulfill the commitments we have made to each of our stakeholders: clients, employees, communities and shareholders
Trust, Teamwork and Accountability
CIBC aspires to be the leading bank for our clients. We have a client-focused strategy that creates value for all our stakeholders. We have four corporate objectives:
- Deep, long-lasting client relationships
- Strategic growth where we have, or can build, competitive capabilities
- Sound risk management
- Consistent, sustainable earnings
To deliver on our corporate objectives, we are further strengthening our business in Canada, as well as expanding in key global centres to serve our clients.
Our Main Business Units
Retail and Business Banking
Retail and Business Banking provides clients across Canada with financial advice, products and services through a team of advisors and more than 1,100 branches, as well as our ABMs, mobile sales force, telephone banking, online and mobile banking.
Our strategy in Retail and Business Banking has two objectives – to enhance the client experience and to accelerate profitable revenue growth. Supporting our retail objectives are three priorities:
- Deepen relationships with our clients
- Improve our sales and service capabilities
- Acquire and retain clients
Wealth Management provides relationship-based advisory services and an extensive suite of leading investment solutions to meet the needs of institutional, retail and high net worth clients. Our asset management, retail brokerage and private wealth management businesses combine to create an integrated offer, delivered through nearly 1,500 advisors across Canada.
In Wealth Management we seek to grow our business. This growth is supported by three strategic priorities:
- Attract and deepen client relationships
- Seek new sources of domestic assets
- Pursue acquisitions and investments
Wholesale Banking provides a wide range of credit, capital markets, investment banking and research products and services to government, institutional, corporate and retail clients in Canada and in key markets around the world.
In Wholesale Banking our plan is to grow our business in targeted industries within our defined risk appetite. We expect to achieve this by focusing on three priorities:
- Add the most value to our clients in Canada
- Serve our clients abroad
- Identify and export core capabilities
CIBC is committed to causes that matter to our clients, employees and communities. Our goal is to make a difference through corporate donations, sponsorships and the volunteer spirit of employees. With a focus on Kids, Cures and Community, CIBC invested close to $41 million in communities across Canada in 2013.