The aim was mainly for companies like the Canadian Imperial Bank of Commerce ( CIBC ), Royal Bank of Canada ( RBC ), and Scotiabank, which ( along with Barclays of the United Kingdom ), when-combined control a healthy majority of Barbados ' local Commercial Banking sector.

After robbing the bank, the robber exited the CIBC, and was preparing to enter a city vehicle driven by undercover police officer Don Milliard.

This was seen as being most evident during the proposed mergers of Royal Bank of Canada and Bank of Montreal alongside CIBC and Toronto-Dominion Bank in 1998, which were seen as stopping competition by the then Finance Minister Paul Martin.

** Old Canadian Bank of Commerce Building, Montreal was CIBC's main office in Montreal prior to the move to Tour CIBC

In 2000, after Imperial Tobacco had been taken over by BAT Industries ( formerly British American Tobacco ), Shoppers was sold to a consortium of institutional investors including Kohlberg Kravis Roberts & Co. ( KKR ), Bain Capital, Inc., DLJ Merchant Banking Partners, Charlesbank Capital Partners, Ontario Teachers ' Pension Plan, CIBC Capital Partners, and Shoppers Drug Mart's senior management and pharmacist / owners.

CIBC was named the strongest bank in Canada and North America, and the 3rd strongest bank in the world, by Bloomberg Markets magazine, in May 2012.

CIBC was the only chartered bank to have a branch on-site at Expo 67.

Before the decade was out, CIBC had introduced the first 24-hour cash dispenser, which would eventually become the ATM.

In 1998, CIBC joined with Loblaws to create President's Choice Financial which was launched in 28 Ottawa area stores.

There was an attempt by CIBC to merge with the Toronto-Dominion Bank in 1998.

* Aplettix Inc 2000: firm specializing in secure transaction systems in the banking sector ; CIBC signed an agreement with the New York based firm in 2000, but the project was later abandoned for alternatives such as VeriSign

* CIBC Leadership Centre: In 2001, the King City facility was sold to Benchmark Hospitality as the bank began to divest real estate or investment in areas outside of its business strategies

CIBC was Mr. Li's choice for financing many of his Canadian ventures, like Husky Energy.

1999 saw a competition between Wood Gundy ( now CIBC World Markets ) chief John S. Hunkin and Personal / Commercial banking head Holger Kluge, with Kluge retiring the firm after Hunkin was selected.

Kassie afterwards founded Genuity Capital and was alleged to have raided 20 key employees from World Markets for his new startup, causing CIBC to file a lawsuit.

* CIBC was selected by Corporate Knights as one of the Best 50 Corporate Citizens for 2010, marking the sixth time the bank has made the list since the annual ranking began in 2002.

* CIBC was named one of Canada's 50 Most Socially Responsible Corporations in a recent report released this week by Jantzi Research and Maclean's.

* CIBC was recognized by the Sponsorship Marketing Council of Canada ( SMCC ) with the Award of Distinction in the Sustained Success category for its sponsorship of the Canadian Breast Cancer Foundation CIBC Run for the Cure.

* CIBC was a winner in one category and runner up in a second at the 2009 Global Six Sigma & Business Improvement Awards.

Nominated for the award by three outstanding charities with which CIBC has had long-standing relationships-Skills for Change, St. Michael's Hospital and the Canadian Breast Cancer Foundation-CIBC was recognized for the scope of its community investment programs.

* For the second consecutive year, CIBC was recognized with a Silver Canadian Award for Training Excellence in Internal eLearning from the Canadian Society for Training and Development ( CSTD ).

* CIBC was honoured at the Canadian Society for Training and Development ( CSTD ) President ’ s Dinner with a Canadian WOW Award for training excellence in recognition of the success of its CIBC Connection to Employment initiative.

CIBC was also named as the 2008 top employer for summer recruitment in the same category.

* CIBC was named one of this country's " Best Employers for New Canadians " for creating an inclusive workplace that allows newcomers to make the most of their skills and education in their new home.

In June 2007, CIBC was named in a $ 600 million class-action lawsuit regarding the lack of overtime pay to its customer service staff.

The exchange is home to all of Canada's Big Five commercial banks — CIBC, Bank of Montreal, Bank of Nova Scotia, Royal Bank of Canada and the Toronto-Dominion Bank — making the exchange the centre for banking in the country.

** Bank of Commerce ( Halifax ), aka CIBC Building, in Nova Scotia, Canada

** Bank of Commerce Building, Windsor, aka CIBC Building, in Ontario, Canada

** CIBC 750 Lawrence in Toronto, Canada

** Tour CIBC, aka CIBC Tower and CIBC Building, in Montreal, Canada

* The Canadian Bank of Commerce merged with the Imperial Bank of Canada in 1961 to form CIBC

On October 19, 1999, Air Canada, backed by Star Alliance partners Lufthansa Airlines, United Airlines and CIBC announced a $ 930M counter bid to the Onex offer.

CIBC had long indicated its interest in Canada Trust, but ultimately BAT accepted an $ 8 billion offer from the Toronto-Dominion Bank.

In 1967, both Canada and CIBC celebrated their centenaries.

CIBC sold its corporate and purchasing credit card business to U. S. Bank Canada in October 2006.

In February, 2010 CIBC became the first chartered bank in Canada to launch a mobile banking iPhone App.

In June 2010, CIBC said it has signed a deal to buy a $ 2. 1-billion credit card portfolio from Citigroup ’ s Citibank Canada Master Card business.

In October 2010, CIBC announced that it would be the first bank in Canada to introduce the internationally used Visa-branded debit card.

* CIBC Mellon Global Securities Services: formed by CIBC and Mellon Bank Corp. ( now Bank of New York Mellon ) of Pittsburgh PA 1996 and Canada Trust's ( now TD Canada Trust ) pension and custody business in 1997

* HP Intria Items ( Intria Corp ): Formed by CIBC with Hewlett Packard and Fiserv Canada in 1996.

He was paired with hockey player Tessa Bonhomme, and on November 14, 2011, the pair won the $ 100, 000 first prize for the charities of their choice, Ronald McDonald House Southern Alberta ( Pelletier ) and Canadian Breast Cancer Foundation ‘ CIBC Run for the Cure ’ – Sudbury Run Site ( Bonhomme ).

In June 2010, CIBC said it has signed a deal to buy a $ 2. 1 billion credit card portfolio from Citigroup ’ s Citibank Canada MasterCard business including the Citi Petro-Canada MasterCard ( but excluding the Citi Petro-Canada personal credit card ).

David Williamson is Chair of the CBA ’ s Executive Council and Senior Executive Vice-President, CIBC and Group Head, Retail and Business Banking.

He is responsible for CIBC ’ s Personal and Business Banking activities, which serve more than 10 million clients.