CIBC Wood Gundy
Canadian financial services company / From Wikipedia, the free encyclopedia
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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.
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Company type | Division |
---|---|
Industry | Financial services |
Predecessor | Wood Gundy |
Founded | 1988 |
Headquarters | Toronto, Ontario, Canada |
Products | Brokerage |
Owner | CIBC World Markets Inc. |
Website | woodgundy.com |
CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy by CIBC. From 1988 through 1997, CIBC Wood Gundy was the universal name of CIBC's investment banking operations. However, after the acquisition by CIBC of the investment banking operations of U.S.-based Oppenheimer & Co. in 1997, the combined investment banking business was renamed CIBC Oppenheimer and later CIBC World Markets. Since 1997, the name CIBC Wood Gundy has been used as the brand for CIBC's retail brokerage business.