CIBC Mellon

CIBC Announces Senior Executive Appointments

Retrieved on: 
Thursday, March 7, 2024

I'm looking forward to working with our Executive Committee and our entire team as we go forward."

Key Points: 
  • I'm looking forward to working with our Executive Committee and our entire team as we go forward."
  • Under Jon Hountalas' leadership as Senior Executive Vice-President (SEVP) and Group Head, Canadian Banking, our Canadian Banking business has made strong progress in attracting new clients to our bank, enhancing client experience and delivering growth.
  • Mr. Culham joined CIBC in 2008, holding key roles in Capital Markets before assuming its leadership, more recently adding accountability for Direct Financial Services, as well as overseeing CIBC's operations in the Caribbean and CIBC Mellon.
  • Region and President and CEO, CIBC Bank USA, in 2022, will continue in his current role, providing strong leadership of our U.S.

ApplyBoard Welcomes New Chief Financial Officer and Chief People Officer Amidst Global Expansion

Retrieved on: 
Wednesday, March 29, 2023

David Borecky joins as its new Chief Financial Officer and Rajesh Uttamchandani as its Chief People Officer, both bringing a wealth of experience and expertise that will help propel ApplyBoard to even greater heights in the years ahead.

Key Points: 
  • David Borecky joins as its new Chief Financial Officer and Rajesh Uttamchandani as its Chief People Officer, both bringing a wealth of experience and expertise that will help propel ApplyBoard to even greater heights in the years ahead.
  • Uttamchandani comes to ApplyBoard from MaRs Discovery District, where he served as Chief Operating Officer and Chief People Officer.
  • “ApplyBoard is stronger today with the additions of David and Rajesh,” says ApplyBoard Co-Founder and CEO Meti Basiri.
  • Since 2021, ApplyBoard has integrated a suite of solutions to help strengthen the international student recruitment sector and bolster student outcomes.

BNY Mellon Adds New ESG Ratings to Securities Lending

Retrieved on: 
Thursday, September 29, 2022

"Transparency is critical to the evolution of the ESG investing landscape, as well as the management of ESG risks and regulatory compliance," said Ina Budh-Raja, EMEA Head of Securities Finance Product & Strategy and Global Head of Markets ESG at BNY Mellon.

Key Points: 
  • "Transparency is critical to the evolution of the ESG investing landscape, as well as the management of ESG risks and regulatory compliance," said Ina Budh-Raja, EMEA Head of Securities Finance Product & Strategy and Global Head of Markets ESG at BNY Mellon.
  • The addition of this Securities Finance enhancement builds upon the previously established ESG tools across the BNY Mellon financing and liquidity ecosystem.
  • CIBC Mellon is the brand name for CIBC Mellon Trust Company and CIBC Mellon Global Securities Services Company, each a joint venture between BNY Mellon (50%) and Canadian Imperial Bank of Commerce (50%).
  • Securities lending for CIBC Mellon clients is transacted through The Bank of New York Mellon as agent and is part of The Bank of New York Mellon Agency Lending Program.

Guardian Capital Announces Completion of Change of Back Office Service Provider

Retrieved on: 
Tuesday, September 6, 2022

Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and Guardian Capital ETFs, with capabilities that span a range of asset classes, geographic regions and specialty mandates.

Key Points: 
  • Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and Guardian Capital ETFs, with capabilities that span a range of asset classes, geographic regions and specialty mandates.
  • Guardian Capital LP is a wholly owned subsidiary of Guardian Capital Group Limited and the successor to its original investment management business, which was founded in 1962.
  • Important information about each Guardian Capital Fund and Guardian Capital ETF is contained in its respective prospectus.
  • Guardian, Guardian Capital and the Guardian gryphin design are trademarks of Guardian Capital Group Limited, registered in Canada, and are used under license.

CIBC launches five more Canadian Depositary Receipts ("CDRs") on the NEO Exchange

Retrieved on: 
Tuesday, October 5, 2021

TORONTO, Oct. 5, 2021 /CNW/ - CIBC and NEO today announced the launch of five new Canadian Depositary Receipts ("CDRs"), now listed on the NEO Exchange with an additional 14 CDRs to be listed in the coming weeks.

Key Points: 
  • TORONTO, Oct. 5, 2021 /CNW/ - CIBC and NEO today announced the launch of five new Canadian Depositary Receipts ("CDRs"), now listed on the NEO Exchange with an additional 14 CDRs to be listed in the coming weeks.
  • Modeled after the American Depositary Receipts ("ADRs") market, CDRs make it easy to invest in some of the world's largest companies in Canadian dollars.
  • To bring CDRs to market, CIBC partnered with CIBC Mellon to leverage their global operational and custody expertise, and with the NEO Exchange to list CDRs, based on the exchange's history of innovation.
  • The NEO Exchange is Canada's stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend

Retrieved on: 
Tuesday, August 3, 2021

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the worlds largest asset managers, with $2.3 trillion in assets under management as of March 31, 2021.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $45 trillion in assets under custody and/or administration as of March 31, 2021.
  • BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

BNY Mellon Wealth Management Names Daniel Gebhart Regional Director, Head of Portfolio Management in New England

Retrieved on: 
Tuesday, August 3, 2021

BOSTON, Aug. 3, 2021 /PRNewswire/ -- BNY Mellon Wealth Management has appointed Daniel Gebhart as Regional Director, Head of Portfolio Management in New England. He oversees the investment management, wealth planning and advice services for individuals, entrepreneurs, and endowments and foundations for the region, as well as providing direct leadership for the wealth managers. Daniel also serves as chairman of the region's Account Review Committee. He is based in Boston and reports to Vicary Graham, President of the New England Region.

Key Points: 
  • BOSTON, Aug. 3, 2021 /PRNewswire/ --BNY Mellon Wealth Management has appointed Daniel Gebhart as Regional Director, Head of Portfolio Management in New England.
  • Daniel joined BNY Mellon Wealth Management in 2000 from the firm's Pittsburgh office where he held a variety of roles.
  • Prior to joining BNY Mellon Wealth Management, Daniel held positions at PNC and Morgan Stanley.
  • BNY Mellon Wealth Management, which delivers leading wealth advice across investments, banking, custody, and wealth and estate planning, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation.

BNY Mellon Wealth Management Names Jeremy Gonsalves as National Director of Portfolio Management

Retrieved on: 
Tuesday, July 27, 2021

BOSTON, July 27, 2021 /PRNewswire/ --BNY Mellon Wealth Management has appointed Jeremy Gonsalves as National Director of Portfolio Management.

Key Points: 
  • BOSTON, July 27, 2021 /PRNewswire/ --BNY Mellon Wealth Management has appointed Jeremy Gonsalves as National Director of Portfolio Management.
  • He is based in Boston and reports to Leo Grohowski, BNY Mellon Wealth Management Chief Investment Officer.
  • Jeremy joined BNY Mellon in 1992 and most recently served as a Managing Director for Portfolio Management for the New England Region where he led the investment implementation for multiple teams.
  • BNY Mellon Wealth Management, which delivers leading wealth advice across investments, banking, custody, and wealth and estate planning, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation.

CIBC launches industry-first Canadian Depositary Receipts ("CDRs") on the NEO Exchange

Retrieved on: 
Monday, July 26, 2021

TORONTO, July 26, 2021 /CNW/ -CIBC, NEO, and CIBC Mellon are excited to announce the launch of the first-ever Canadian Depositary Receipts ("CDRs"), which will be listed on the NEO Exchange.

Key Points: 
  • TORONTO, July 26, 2021 /CNW/ -CIBC, NEO, and CIBC Mellon are excited to announce the launch of the first-ever Canadian Depositary Receipts ("CDRs"), which will be listed on the NEO Exchange.
  • Modeled after the American Depositary Receipts ("ADRs") market, CDRs make it easy to invest in some of the world's largest companies in Canadian dollars.
  • "We are honoured to partner with CIBC and CIBC Mellon on this game-changing initiative, and look forward to championing CDRs on the NEO Exchange."
  • "The team at CIBC Mellon is proud to collaborate with CIBC and the NEO Exchange and leverage our global operational capabilities to bring CDRs to Canadian investors."

Despite continued pandemic hardships, close to 70 per cent of business owners in Canada feel optimistic about the long-term: CIBC Poll

Retrieved on: 
Thursday, July 22, 2021

"Canadian business owners continue to show extraordinary resilience during these difficult times," said David Leuty, Senior Vice-President, Business Banking, CIBC.

Key Points: 
  • "Canadian business owners continue to show extraordinary resilience during these difficult times," said David Leuty, Senior Vice-President, Business Banking, CIBC.
  • Top concerns remain similar to when the pandemic first broke, but amongst fewer business owners.
  • In order to manage through the pandemic and into the future, many business owners have implemented a number of changes.
  • CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients.