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Toronto-based CIBC to move to new HQ after almost a century

This will allow bank to bring together most of the 21,000 employees scattered across more than 20 buildings in the city

Published Fri, Apr 14, 2017 · 09:50 PM

    Toronto

    CANADIAN Imperial Bank of Commerce is moving to new headquarters after almost a century at Commerce Court in the heart of Toronto's financial district.

    CIBC agreed to become the anchor tenant for a new office complex being built a few blocks south of Commerce Court, the Toronto-based bank said on Wednesday. Canada's fifth-biggest bank will move about 15,000 employees into the two 49-storey towers.