Butterfield to acquire CIBC Caribbean in $1.8 billion transaction

NASSAU, BAHAMAS– The Bank of N.T. Butterfield & Son Limited has entered into a definitive agreement to acquire CIBC’s 91.7 percent interest in CIBC Caribbean Bank Limited. The transaction will create a banking and wealth management platform across international financial centres and key Caribbean markets, with approximately $29 billion in assets. The deal brings together […]

Butterfield to acquire CIBC Caribbean in $1.8 billion transaction
NASSAU, BAHAMAS– The Bank of N.T. Butterfield & Son Limited has entered into a definitive agreement to acquire CIBC’s 91.7 percent interest in CIBC Caribbean Bank Limited. The transaction will create a banking and wealth management platform across international financial centres and key Caribbean markets, with approximately $29 billion in assets. The deal brings together […]