Latest recognition also includes awards in sustainable finance and green bonds

TORONTO, Feb. 26, 2025 /CNW/ - CIBC has been recognized by Global Finance for the third consecutive year as the Best Investment Bank in Canada, and for its leadership in working with clients to support their environmental and social sustainability goals at the Global Finance World's Best Investment Bank and Sustainable Finance Awards for 2025, including:

New CIBC polls reveal anxieties about retirement planning; nearly half worry about outliving retirement savings

TORONTO, Feb. 26, 2025 /CNW/ - CIBC today revealed new poll findings that signal a significant shift in how Canadians approach retirement, as two-thirds of those surveyed (66%) say that recent economic changes, including rising inflation and an increased cost of living, have made them adjust their retirement plans.

Expanded European CDR lineup provides more opportunities for Canadians to invest in global companies

TORONTO, Feb. 19, 2025 /CNW/ - Today CIBC announced six new European Canadian Depositary Receipts ("CDRs"), now listed on Cboe Canada. Introduced to investors over three years ago, CIBC has a total of 86 CDRs, spanning four countries, available in market. 

CDRs make it easy to invest in many of the world's largest companies – in Canadian dollars. Offered at a fraction of the price per share of the underlying reference share, and with a built-in notional currency hedge, CDRs provide investors with affordable access to global stocks while mitigating the currency risk associated with global investing.

TORONTO, Feb. 14, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) –  CIBC Asset Management (CAM) today announced a number of changes to its mutual fund line-up, including portfolio management changes, management fee reductions, and fund name changes.

Portfolio management changes

Effective on or about March 14, 2025, portfolio management responsibilities for the following funds will be assumed or reallocated to the portfolio sub-advisor as follows:

TORONTO, Feb. 6, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) will be announcing its 2025 first quarter results for the quarter ended January 31, 2025, on Thursday, February 27, 2025. The results are expected to be released at approximately 5:30 a.m. (ET), followed by a live audio webcast and teleconference call with analysts, investors and media at 7:30 a.m. (ET). 

Earnings Conference Call/Webcast

TORONTO, Jan. 29, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 25 basis points from 5.45 per cent to 5.20 per cent, effective Thursday, January 30, 2025.

About CIBC 

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html.

The bank also recognized with North American Awards in additional Client Experience categories

TORONTO, Jan. 28, 2025 /CNW/ - CIBC has been recognized with the Best Use of AI in Client Experience (CX), World Series and North American award by ARCET Global, a UK-based institute with worldwide reach. This is the fifth year of the ARCET Global Customer Centricity World Series Awards, and the first year to include the Best Use of AI in Client Experience category. Over 180 entries from 76 companies and 23 countries participated in these prestigious awards and were judged by over 150 global CX professionals.

Expansion into Europe marks continued evolution of successful CDR platform

TORONTO, Jan. 27, 2025 /CNW/ - Today CIBC announced the expansion of its Canadian Depositary Receipts ("CDRs") platform with the addition of five new "European CDRs", to be listed on Cboe Canada and available for trading on January 31, 2025, subject to final approval by the Exchange.

Introduced to investors over three years ago, CIBC will now have a total of 70 CDRs listed in Canada.

TORONTO, Jan. 22, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that it will redeem in full its Floating Rate Subordinated Capital Debentures due 2085 (the "Debentures"). CIBC has given notice to the holders of the Debentures that it will redeem the full US$9,750,000 outstanding principal amount of the Debentures on February 28, 2025 (the "Redemption Date").

The Debentures will be redeemed on the Redemption Date for the aggregate amount of US$10,011,865.50, representing a redemption price of (i) US$1,000 for each US$1,000 principal amount, and (ii) all accrued and unpaid interest to but excluding the Redemption Date.

TORONTO, Jan. 21, 2025 /CNW/ - CIBC is proud to be recognized as one of Canada's Top Employers for Young People by Mediacorp Canada Inc. for the 13th consecutive year. This award highlights employers that demonstrate exceptional commitment to supporting young professionals as they launch and grow their careers.

"Our team members bring energy, innovation, and purpose to everything they do, and we're committed to creating an environment where the next generation of talent thrives," said Sandy Sharman, Group Head of People, Culture and Brand at CIBC. "Through tailored programs and opportunities, we empower early-career professionals to achieve their ambitions, make an impact, and grow both personally and professionally."

TORONTO, Jan. 7, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) is remembering former President and CEO John Hunkin, who passed away earlier this week. Mr. Hunkin led CIBC from 1999 to 2005.

"John Hunkin was an inspiring leader who dedicated his career to CIBC," said Victor Dodig, President and CEO of CIBC. "He leaves a lasting legacy, including his many accomplishments over his 36-year career with our bank, and he will be remembered fondly by our CIBC Team.

TORONTO, Dec. 31, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the revised final 2024 annual reinvested capital gains distributions for the CIBC ETFs and ETF Series of CIBC Fixed Income Pools and CIBC Sustainable Investment Solutions.

These amounts are for the year-end capital gains distributions only, and do not include cash distributions for December 2024. The annual capital gains distributions will be reinvested in additional units of the CIBC ETF or ETF Series. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.

TORONTO, Dec. 31, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the revised December 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools and CIBC Sustainable Investment Solutions.

Unitholders of record on December 31, 2024, will receive cash distributions payable on January 6, 2025. Details of the final "per unit" distribution amounts are as follows:

TORONTO, Dec. 30, 2024 /CNW/ - CIBC's annual Financial Priorities poll finds that paying down or eliminating debt remains the top financial priority among Canadians (17 per cent), followed by keeping up with bill payments (16 per cent).

The poll also found that inflation/rising costs of household goods (66 per cent) and high interest rates (28 per cent) remain the top financial concerns for Canadians. While 65 per cent of Canadians are worried about the possibility of a recession, over half feel prepared to weather an unexpected financial event or hardship (59 per cent) and most feel their financial situation is secure enough to withstand a recession (53 per cent).

Inclusion in the DJSI demonstrates our commitment to a more sustainable and equitable future

TORONTO, Dec. 23, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) has been named to the Dow Jones Sustainability North America Index (DJSI) for the 20th consecutive year for its responsible and sustainable business practices. The DJSI is a widely recognized industry standard for measuring companies based on economic, environmental and social criteria.

TORONTO, Dec. 23, 2024 /CNW/ - Victor Dodig, President and Chief Executive Officer, CIBC (TSX: CM) (NYSE: CM) will speak at the RBC Capital Markets 2025 Canadian Bank CEO Conference on Tuesday January 7, 2025. Mr. Dodig is scheduled to address the conference at 10:10 a.m. ET.

Interested parties may access the live audio webcast at https://www.cibc.com/ca/investor-relations/exctv-prsntatns-wbcsts.html. An archived version of the audio webcast will be available at the same location.

CIBC clients, team members, charity partners and special guests came together to raise millions to help children across the world to dream big

TORONTO, Dec. 20, 2024 /CNW/ - CIBC announced today $6.2 million to support charities that provide education and enrichment for kids, thanks to the generosity of the bank's team members and clients following the 40th annual CIBC Miracle Day, this year held on December 4.

TORONTO, Dec. 20, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the final 2024 annual reinvested capital gains distributions for the CIBC ETFs and ETF Series of CIBC Fixed Income Pools and CIBC Sustainable Investment Solutions.

These amounts are for the year-end capital gains distributions only, and do not include cash distributions for December 2024. The annual capital gains distributions will be reinvested in additional units of the CIBC ETF or ETF Series. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.

TORONTO, Dec. 20, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the December 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools and CIBC Sustainable Investment Solutions.

Unitholders of record on December 31, 2024, will receive cash distributions payable on January 6, 2025. Details of the final "per unit" distribution amounts are as follows:

TORONTO, Dec. 18, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that it will redeem in full its Floating Rate Debentures due 2084 (the "Debentures"). CIBC has given notice to the holders of the Debentures that it will redeem the full US$38,050,000 outstanding principal amount of the Debentures on January 31, 2025 (the "Redemption Date").

The Debentures will be redeemed on the Redemption Date for the aggregate amount of US$39,180,389.40, representing a redemption price of (i) US$1,000 for each US$1,000 principal amount, and (ii) all accrued and unpaid interest to but excluding the Redemption Date.