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CIBC Wood Gundy is the Canadian full-service retail brokerage division of CIBC World Markets Inc., a subsidiary of the Canadian Imperial Bank of Commerce (CIBC). Through its network of over 1,000 investment advisors working in 80 locations across Canada, CIBC Wood Gundy offers an array of investment and insurance products and services.
Wood Gundy Inc. was a leading Canadian stock brokerage and investment banking firm. Founded in 1905, it was acquired by the Canadian Imperial Bank of Commerce in 1988 as it attempted to build an investment banking business. The Wood Gundy name was used extensively by the bank's investment banking arm, which was known as CIBC Wood Gundy until 1997.
The original Wood Gundy company was established in Toronto in 1905 by George Herbert Wood and James Henry Gundy. CIBC purchased a majority stake in Wood Gundy in June 1988 for C$ 203.3 million. [2] [3] After the purchase, the CIBC formed CIBC Wood Gundy, which offered asset management services for corporate and institutional clients. [3]
Website. cibc .com. The Canadian Imperial Bank of Commerce ( CIBC; French: Banque canadienne impériale de commerce) is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. [3] The Canadian Imperial Bank of Commerce was formed through the 1961 merger of ...
Jeff Rubin (born August 24, 1954) is a Canadian economist and author. He is a former chief economist at CIBC World Markets and is currently a senior fellow at the Centre for International Governance Innovation. Rubin had worked at CIBC World Markets and its predecessors since 1988, and served as chief economist from 1992 to 2009, when he resigned.
According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd, and 63rd place, respectively. [4] RBC and TD Bank are also on the Financial Stability Board 's list of systemically important banks as of 2020.
He joined Merrill Lynch Canada as broker in 1981. Career. At Merrill Lynch McCaughey worked his way across the company's operations in Winnipeg, Edmonton and Montreal. In 1990 Merrill Lynch sold their private client operations in Canada to CIBC, McCaughey was an account executive and joined CIBC Wood Gundy. McCaughey eventually succeeded Tony ...
Nationality (legal) Canada. Occupation (s) economist, investment advisor. Andrew Pyle (born c. 1963) [1] is a Canadian economist, currently an advisor and portfolio manager with CIBC Wood Gundy in Peterborough, Ontario. Andrew also writes a weekly newsletter which can be found at pyle-group.com and also provides a monthly conference call.