17:04:49 EDT Sun 12 May 2024
Enter Symbol
or Name
USA
CA



Canadian Imperial Bank of Commerce (CIBC)
Symbol CM
Shares Issued 931,088,875
Close 2024-01-04 C$ 63.38
Market Cap C$ 59,012,412,898
Recent Sedar Documents

Globe says Barclays scores more expertise from CIBC

2024-01-04 07:45 ET - In the News

The Globe and Mail reports in its Thursday, Jan. 4, edition that Barclays has landed a new head of its domestic investment banking group from Canadian Imperial Bank of Commerce, continuing to rebuild its ranks by adding expertise in telecom and technology. The Globe's Andrew Willis writes that Barclays hired Toronto-based Ryan Voegeli as the leader of its investment banking group, replacing Calgary-based Tim Kitchen, who retired last year. Mr. Voegeli spent the past 13 years at CIBC's capital markets division, most recently as head of the global diversified industries group. Prior to joining CIBC, Mr. Voegeli led the Canadian telecom, media and technology unit at Bank of America Merrill Lynch. Barclays is restructuring after more than a dozen of its senior bankers and analysts jumped to the Canadian arm of Wall Street investment dealer Jefferies Financial Group in a two-month period that began last August. Globally, Barclays lost a number of professionals to rival dealers over the past year, as the bank reoriented around new leaders. In October, Barclays responded by hiring former CIBC global co-head of wholesale banking Geoffrey Belsher as its chair and country chief executive officer for Canada.

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