As part of a slew of senior executive appointments, CIBC named Hratch Panossian senior executive vice president and head of personal and business banking, while Robert Sedran will assume the role of senior executive vice president and CFO and join the bank's executive committee. read more

MAR 8, 2024 - 6:50 am

CIBC promoted Brandon Barr to asset-based lending group head. Barr, who joined CIBC in 2011, previously served as head of business development and strategy for the bank’s ABL Group. read more

FEB 8, 2024 - 6:25 am

Channel entered into a new $75 million credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations. read more

APR 25, 2023 - 7:16 am

CIBC formed a new junior debt lending and advisory team within its U.S. commercial banking group. Charlie Sheridan, who previously served as executive director of the financial sponsors group at J.P. Morgan, will lead the new team. read more

MAR 22, 2022 - 6:22 am

CIBC entered its 16th specialty banking area, adding an equipment finance team within its U.S. commercial banking group. Matthew Green, formerly of J.P. Morgan, will lead the new equipment finance team at CIBC. read more

JAN 6, 2022 - 6:34 am

CIBC joined RMI's Center for Climate-Aligned Finance as a strategic partner. According to CIBC, it is the first Canadian bank to partner with the center's efforts to align financial decision-making with the long-term decarbonization of the real economy. read more

FEB 22, 2021 - 6:39 am

CIBC Innovation Banking has closed a $7 million growth capital financing for Parchment a company that digitizes and distributes education credential records, ranging from K-12, colleges and universities, to trade schools. read more

APR 11, 2019 - 7:05 am

Rockwood Equity Partners completed a management buyout of SYNEO, a provider of manufacturing equipment for the medical device and electronics manufacturing industries. CIBC and Northcreek Mezzanine provided financing for the transaction. read more

FEB 8, 2019 - 6:40 am

Chorus Aviation entered into a three-year committed operating credit facility with CIBC and The Bank of Nova Scotia. CIBC is the lead arranger and administrative agent under the facility. read more

AUG 31, 2017 - 7:51 am