TORONTO, June 7, 2016 /CNW/ - CIBC (CM: TSX) (CM: NYSE)
has been named Canada Derivatives House of the Year for the third
year in a row by GlobalCapital, a leading capital
markets journal.
GlobalCapital's derivatives awards recognize firms for
their innovation, market impact, performance, client feedback and
uniqueness of approach. CIBC's selection was based on a poll of the
publication's readership as well interviews with key market
participants across derivatives markets.
"We were impressed by CIBC's strong all round approach to
derivatives and its solutions-driven approach," said the editors of
GlobalCapital at its 2016 Americas Derivatives Awards event
in New York on June 2. "CIBC has shown once again that it is
forward looking and innovative, continually exploring ways to
expand its presence even as some other firms are struggling to
adapt to the changing regulatory and economic conditions."
"Our strategic investments in people and technology are key to
meeting client needs across asset classes," says Christian Exshaw, Managing Director and Head,
Global Markets at CIBC. "We are honoured by the industry's
recognition and are continuing our focus on delivering innovative
solutions to clients.
About CIBC
CIBC is a leading Canadian-based global
financial institution with 11 million personal banking and business
clients and three major business units – Retail and Business
Banking, Wealth Management and Capital Markets. CIBC Capital
Markets provides integrated global markets products and services,
investment banking advisory, corporate banking and top-ranked
research to corporate, government and institutional clients around
the world. Visit www.cibccm.com for more information on CIBC and
CIBC Capital Markets. News releases are available
at www.cibc.com/ca/media-centre/.
SOURCE CIBC World Markets