CIBC World Markets plc

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.

Financials

Total Assets (2017)
1 202.88 mln CAD  (+8.65%)
Annual Profit (2017)
11.13 mln CAD  (+94.14%)

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.

Contacts

150 Cheapside, SE1 2QL, London, United Kingdom
44 2072346000
44 2072346089

CIBC World Markets plc is headquartered in London.

Bank Identifiers

MFI ID
GB0830
Company Number
02733036
Start Date
July 1992

Financial Positions

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.

Total Assets of CIBC World Markets plc.

Chart 1. Total Assets of CIBC World Markets plc.

Profit and Loss

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.

Annual Profit of CIBC World Markets plc.

Chart 2. Annual Profit of CIBC World Markets plc.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
114th (market share 0.01%)

In 2017 CIBC World Markets plc was ranked the 114th largest bank in the United Kingdom in terms of total assets, having 0.01% of the domestic market share.

Market share of CIBC World Markets plc (among banks in the United Kingdom)

Chart 3. Market share of CIBC World Markets plc (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to CIBC World Markets plc are shown below.

RankNameTotal AssetsMarket Share
113 Hampshire Trust Bank plc742.26 mln GBP0.01%
114 CIBC World Markets plc1202.88 mln CAD0.01%
115 Habibsons Bank Limited672.68 mln GBP0.01%
 

Credit Ratings (as of May 2018)

Fitch Moody's
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.

Fitch

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-
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  1
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.

Moody's

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 Rating  A1
Long-Term Bank Deposit Rating  A1
Short-Term Rating  -
Outlook  negative

Outlook for the ratings of CIBC World Markets plc is set to negative (may be lowered).

Deposit Guarantee

Deposit Guarantee
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
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

MFI ID

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.

MFI ID  GB0830

Company Registration Number

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.

Company Number  02733036

Banking Products in the United Kingdom