CIBC is a leading Canadian-based global financial institution with a market capitalization of $41 billion. Through our three major businesses, Retail and Business Banking, Wealth Management and Wholesale Banking, CIBC provides a full range of financial products and services to 11 million clients in Canada and around the world. CIBC began as the Canadian Bank of Commerce in 1867 and merged with the Imperial Bank of Canada in 1961.
Wood Gundy opened its doors for business in Toronto on February 1, 1905, specializing in underwriting and distributing municipal and provincial bonds. Its founders, George Herbert Wood and James Henry Gundy, envisioned a financial services firm built on innovation, integrity and solid client relationships — values that we maintain today. Acquired by CIBC in 1988, what is now known as CIBC Wood Gundy has created a legacy of helping generations of Canadians meet their financial goals.