TORONTO, May 26, 2017 /CNW/ - CIBC (CM: TSX) (CM: NYSE) has been named Best Derivatives House in Canada for the fourth year in a row by GlobalCapital, a leading capital markets journal.

GlobalCapital's derivatives awards recognize firms for their innovation, market impact, performance, client feedback and uniqueness of approach. CIBC's selection was based on interviews with key market participants across derivatives markets.

"CIBC has once again demonstrated the strength and breadth of its derivatives offering both to the Canadian and international markets," said GlobalCapital editors at the publication's 2017 Americas Derivatives Awards dinner in New York on May 25.

"We are honoured to be named Best Derivatives House in Canada by Global Capital for the fourth year running," says Christian Exshaw, Managing Director and Head, Global Markets at CIBC. "As we build the bank of the future, this recognition highlights our strategic investment in people and technology to deliver flexible and innovative solutions to our clients."

About CIBC
CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients and three major business units – Retail and Business Banking, Wealth Management and Capital Markets. CIBC Capital Markets provides integrated global markets products and services, investment banking advisory, corporate banking and top-ranked research to corporate, government and institutional clients around the world. Visit www.cibccm.com for more information on CIBC and CIBC Capital Markets. News releases are available at www.cibc.com/ca/media-centre/.

SOURCE CIBC World Markets