CIBC named World's Best Investment Bank in Oil & Gas

TORONTO, March 9, 2015 /CNW/ - CIBC has been named the World's Best Investment Bank in the Oil & Gas Sector for 2015 by Global Finance magazine.

The editors of Global Finance selected CIBC based on input from industry experts, corporate executives, investors and consultants. The editors also considered criteria including market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation over the last year.

"Delivering integrated and innovative financial solutions to our energy sector clients is a core business for us, says Michael Freeborn, Managing Director and Head, Energy Investment Banking at CIBC. "We are honoured to receive this recognition of our client-focused energy capabilities and professionals operating in key centres around the world."

CIBC's wholesale banking business provides advisory and financial solutions to energy companies in Canada, the U.S., U.K. and Asia. Services include mergers, acquisitions and divestitures, corporate lending, equity and debt capital markets, research and a range of innovative trading capabilities spanning foreign exchange, fixed income, commodities and equities.

A full overview of the Global Finance awards including survey results will be published in its April 2015 issue.

CIBC is a leading Canadian-based global financial institution with nearly 11 million personal banking and business clients and three major business units - Retail and Business Banking, Wealth Management and Wholesale Banking. CIBC's wholesale banking business provides integrated credit and capital markets products, investment banking advisory services and top-ranked research to corporate, government and institutional clients around the world. Visit www.cibcwm.com for Wholesale Banking news releases and information. You can find other news releases and information about CIBC in our Media Centre on our corporate website at www.cibc.com.

SOURCE CIBC World Markets

Tom Wallis, Communications and Public Affairs at 416-980-4048, [email protected]