CIBC World Markets is an investment banking subsidiary of Canadian Imperial Bank of Commerce (CIBC). CIBC World Markets offers credit and capital market products, mergers and acquisitions, merchant banking and advisory services to domestic and international customers.
CIBC World Markets plc is the 114th largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 1 202,88 mln CAD, providing the bank with the market share of 0.01%. In 2017 the bank's annual profit was 11,13 mln CAD.
CIBC World Markets plc is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
CIBC World Markets plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.
CIBC World Markets plc is headquartered in London.
|Total Assets (2017)|
|1 202.88 mln CAD (+8.65%)|
In 2017 total assets of CIBC World Markets plc were 1 202.88 mln CAD. Growth compared to the previous period (2016) was 8.65%. The evolution of the total assets of CIBC World Markets plc is shown at Chart 1 below.
Chart 1. Total Assets of CIBC World Markets plc.
|Annual Profit (2017)|
|11.13 mln CAD (+94.14%)|
In 2017 annual profit of CIBC World Markets plc was 11.13 mln CAD. Growth compared to the previous period (2016) was 94.14%. The evolution of the annual profit of CIBC World Markets plc is shown at Chart 2 below.
Chart 2. Annual Profit of CIBC World Markets plc.
|AA- (very high credit quality)||A1 (upper medium grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. CIBC World Markets plc is rated by Fitch and Moody's.
Credit ratings assigned to CIBC World Markets plc as of May 2018 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for CIBC World Markets plc it is set to AA- (very high credit quality), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for CIBC World Markets plc is set to F1+ (highest short-term credit quality).
|Long-Term Issuer Default Rating||AA-|
|Short-Term Issuer Default Rating||F1+|
|Support Rating Floor||-|
Viability rating for CIBC World Markets plc is not set support rating is 1 (extremely high probability of external support); support rating floor is not set.
Long-term rating for CIBC World Markets plc it is set to A1 (upper medium grade). Long-term bank deposit rating is A1 (upper medium grade). Baseline credit assessment is not set. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A1|
Outlook for the ratings of CIBC World Markets plc is set to negative (may be lowered).
|Yes (up to 85 000 GBP per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.
In the case of CIBC World Markets plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||private individuals, small companies|
|Maximum Protected Amount||85 000 GBP|
|Paid In Currency||GBP|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of CIBC World Markets plc is shown in the table below.
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.