CIBC Wood Gundy
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CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy Inc. by the Canadian Imperial Bank of Commerce (CIBC). CIBC Wood Gundy once was used as the universal name of the CIBC investment banking arm until the purchase of the investment banking operations of Oppenheimer & Co. in 1997. The business was subsequently renamed CIBC Oppenheimer and later CIBC World Markets.
The Wood Gundy name is used for the Canadian retail division of CIBC World Markets.
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Canadian Imperial Bank of Commerce | |
Chief Executive Officer: Gerald T. McCaughey | FY 2006 Statistics: Net income: $2.64 billion CAD (▲91%) | Market capitalization: $29.4 billion CAD | Assets: $303.98 billion CAD | Employees: 37,000 | Stock symbols: TSX: CM NYSE: CM | Website: www.cibc.com |
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Major brands by financial service | |
Master: CIBC | Financial group: CIBC | Canadian banking: CIBC | International banking: CIBC Private Wealth Management | Canadian mutual funds: CIBC Mutual Funds | Canadian brokerage: CIBC Investor's Edge and CIBC Wood Gundy | Canadian insurance: CIBC Insurance | Capital markets: CIBC World Markets | Custodial: CIBC Mellon |